Company Overview
North East Art Collective Limited is a Dissolved Private Limited Company.
Registered Address

Begbies Traynor, Ground Floor Portland House, 54 New Bridge Street West, Newcastle Upon Tyne, NE1 8AP
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Companies House Data
Company NameNORTH EAST ART COLLECTIVE LIMITED
Company Number07397543
Registered Office AddressBegbies Traynor, Ground Floor Portland House
 54 New Bridge Street West
 NE1 8AP
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date05/10/2010
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2024
Accounts Last Made Up Date31/10/2022
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date02/11/2016
Returns Last Made Up Date05/10/2015
Directors & Members
Show Resigned
Colin Heseltine - Director
(British, 56 years old, born June 1970)
Appointed 05 October 2010
 Active
Andrew Rowley - Director
(British, 49 years old, born April 1977)
Appointed 03 December 2019
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Colin Heseltine
FRONTIER TELECOM LTD
HRC CONSULTANCY LTD
HRC INNOVATIVE FINANCIAL PLANNING LTD
PONTELAND UNITED JUNIORS FOOTBALL CLUB LIMITED
Andrew Rowley
A ROWLEY CONSULTANCY LIMITED
FRONTIER TELECOM LTD
VENDITO LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Oct-2022 31-Oct-2021 31-Oct-2020
Balance Sheet
Fixed Assets -29,800 863 0
Current Assets 50 64,773 62,732
Creditors Due Within One Year 26,154 29,294 15,506
Working Cap 26,204 35,479 47,226
Total Assets Less Current Liabilities -55,904 36,342 47,226
Long-term Liabilities 0 36,281 50,000
Net Assets -55,904 61 -2,774
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -55,904 61 -2,774
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2022 31-Oct-2021 31-Oct-2020
Tangible Fixed Assets - - -
Fixed Assets 100.2% 1.3% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets -0.2% 98.7% 100.0%
Creditors Due Within One Year -87.9% 44.6% 24.7%
Net Current Assets Liabilities - 54.1% 75.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 187.9% 0.1% -4.4%
Capital Employed - - -
Total Assets Less Current Liabilities 187.9% 55.4% 75.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2022 31-Oct-2021 31-Oct-2020
Liquidity Ratio 0.0 2.2 4.0
Solvency Ratio -1.1 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2022 31-Oct-2021 31-Oct-2020
Assets -29,750 65,636 62,732
Debt 26,154 65,575 65,506
Net Assets/Debt -55,904 61 -2,774
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around NE1 8AP
No other companies found in the same location
Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Registered office address changed from 13 Windsor Terrace Jesmond Newcastle upon Tyne NE2 4HE England to Begbies Traynor, Ground Floor Portland House 54 New Bridge Street West Newcastle upon Tyne NE1 8AP on 18 October 2023
Appointment of a voluntary liquidator
Resolutions
Statement of affairs
Confirmation statement made on 5 October 2022 with no updates
Confirmation statement made on 5 October 2021 with no updates
Registered office address changed from 32 Brenkley Way, Blezard Business Park Seaton Burn Newcastle upon Tyne NE13 6DS England to 13 Windsor Terrace Jesmond Newcastle upon Tyne NE2 4HE on 9 July 2021
Director's details changed for Mr Colin Heseltine on 19 January 2021
Change of details for Mr Colin Heseltine as a person with significant control on 19 January 2021
Confirmation statement made on 5 October 2020 with updates
Director's details changed for Mr Colin Heseltine on 4 December 2020
Registered office address changed from Rowlands House Portobello Road, Birtley Chester Le Street County Durham DH3 2RY to 32 Brenkley Way, Blezard Business Park Seaton Burn Newcastle upon Tyne NE13 6DS on 1 December 2020
Appointment of Mr Andrew Rowley as a director on 3 December 2019
Cessation of John Gair Thomson as a person with significant control on 3 December 2019
Termination of appointment of John Gair Thomson as a director on 3 December 2019
Confirmation statement made on 5 October 2019 with updates
Confirmation statement made on 5 October 2018 with no updates
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