{"name":"COMPASS DEVELOPMENTS (NE) LTD","company_number":"06799536","status":"Active","type":"Private Limited Company","incorporated":"2009-01-23","dissolved":null,"registered_office":"Unit 9 Trafalgar Court South Nelson Road, South Nelson Industrial Estate, Cramlington, Northumberland, NE23 1WF","postcode":"NE23 1WF","sic_codes":[{"code":41201,"description":"Construction of commercial buildings"},{"code":41202,"description":"Construction of domestic buildings"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Unaudited Abridged","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":9,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","net_assets":651064,"cash":728031,"average_employees":9},{"financial_date":"2024-03-31","net_assets":567766,"cash":532530,"average_employees":9},{"financial_date":"2023-03-31","net_assets":299192,"cash":491101},{"financial_date":"2022-03-31","net_assets":319191},{"financial_date":"2021-03-31","net_assets":328862,"cash":197721}],"officers":{"current":4,"resigned":7,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Compass Developments (NE) Ltd is a well-established regional construction contractor operating in the North East of England, demonstrating a decade of consistent equity growth from £195K to £651K and a healthy cash position of £728K—metrics that place it above the median for UK construction SMEs, a sector characterised by thin margins and elevated insolvency rates. The company's primary analytical concern is its £3.22M debtor book, which represents significant working capital exposure typical of the construction industry's stage-payment and retention culture but warrants close credit management. Overall, Compass occupies a solid mid-tier position among small regional contractors, with conservative leverage and dual commercial/residential capabilities providing a defensible competitive posture, though its scale limits access to larger framework opportunities.","website":"http://www.compass-developments.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/compass-developments-(ne)","people":"https://www.companiesintheuk.co.uk/company/compass-developments-(ne)/people","filing_history":"https://www.companiesintheuk.co.uk/company/compass-developments-(ne)/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/06799536","financials":"https://www.companiesintheuk.co.uk/company/compass-developments-(ne)/financial","control":"https://www.companiesintheuk.co.uk/company/compass-developments-(ne)/control","charges":"https://www.companiesintheuk.co.uk/company/compass-developments-(ne)/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/compass-developments-(ne)/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/compass-developments-(ne)"}