Company Overview
Nextgen Developments Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 15 December 2020. Nextgen Developments Ltd has been in business for 5 years and 4 months. The accounts status is micro entity and the accounts are next due on Friday 26 December 2025.
Registered Address

7 Richmond Terrace, Gateshead, Tyne And Wear, NE8 1RN
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Companies House Data
Company NameNEXTGEN DEVELOPMENTS LTD
Company Number13081501
Registered Office Address7 Richmond Terrace
 NE8 1RN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date15/12/2020
Accounting Reference Date Day26
Accounting Reference Date Month12
Accounts Next Due Date26/12/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date12/01/2022
Directors & Members
Michael Dunner - Director
(British, 38 years old, born December 1988)
Appointed 15 December 2020
 Active
Secretaries
Michael Dunner - Secretary
Appointed 15 December 2020
 Active
Other Company Directorships
Michael Dunner
ALTDUN LTD
ASHTON ESTATES LTD
BEH BUILDING LTD
BEH COMMERCIAL LTD
FOOD TRAYS LTD
MICHAELRICH LTD
SADIE SMULOVITCH CHILDREN'S TRUST LTD
WARDLEY ESTATES LTD
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021
Balance Sheet
Fixed Assets 367,407 367,407
Current Assets 18,526 18,526
Creditors Due Within One Year 253,302 253,302
Working Cap -234,776 -234,776
Total Assets Less Current Liabilities 132,631 132,631
Long-term Liabilities 118,531 118,531
Net Assets 14,100 14,100
Share Capital & Reserves
Share Cap - -
Profit & Loss Reserves - -
Other Reserves - -
Shareholders Funds 14,100 14,100
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021
Tangible Fixed Assets - -
Fixed Assets 95.2% 95.2%
Stocks Inventory - -
Debtors - -
Cash Bank In Hand - -
Current Assets 4.8% 4.8%
Creditors Due Within One Year 65.6% 65.6%
Net Current Assets Liabilities -60.8% -60.8%
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 3.7% 3.7%
Capital Employed - -
Total Assets Less Current Liabilities 34.4% 34.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021
Liquidity Ratio 0.1 0.1
Solvency Ratio 1.0 1.0
Reserves to Assets - -
Secured Creditors Unlock full report
Mortgages Charges 22
Mortgages Outstanding 22
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021
Assets 385,933 385,933
Debt 371,833 371,833
Net Assets/Debt 14,100 14,100

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
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Document Filings
Registration of charge 130815010023, created on 20 February 2026
Confirmation statement made on 14 December 2025 with no updates
Registration of charge 130815010022, created on 24 October 2025
Registration of charge 130815010021, created on 3 October 2025
Previous accounting period shortened from 27 December 2024 to 26 December 2024
Registration of charge 130815010020, created on 9 June 2025
Registration of charge 130815010019, created on 24 January 2025
Current accounting period shortened from 28 December 2023 to 27 December 2023
Confirmation statement made on 14 December 2024 with no updates
Previous accounting period shortened from 29 December 2023 to 28 December 2023
Registration of charge 130815010018, created on 6 August 2024
Registration of charge 130815010017, created on 19 March 2024
Previous accounting period shortened from 30 December 2022 to 29 December 2022
Confirmation statement made on 14 December 2023 with no updates
Registration of charge 130815010016, created on 15 December 2023
Registration of charge 130815010015, created on 3 November 2023
Previous accounting period shortened from 31 December 2022 to 30 December 2022
Registration of charge 130815010014, created on 15 September 2023
Registration of charge 130815010013, created on 11 July 2023
Registration of charge 130815010012, created on 31 May 2023
Registration of charge 130815010011, created on 15 March 2023
Confirmation statement made on 14 December 2022 with no updates
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