WESTSTONE LIMITED
Company number 03161527 · Monitor this company
The confirmation statement for this company is overdue.
Executive summary
Weststone Limited's impressive revenue growth and margin improvement are fundamentally overshadowed by its liquidation status, which signals that the aggressive expansion strategy—fueled by leverage and dividend extraction rather than retained earnings—proved unsustainable. The company's strategic assets (market position, technical reputation, customer relationships) are being dissipated through a liquidation process that will likely realise far less than the £2.9M net asset value reported. For any stakeholder—creditor, potential acquirer, or industry participant—the immediate priority is understanding the liquidation's nature and whether the underlying business operations can be preserved or extracted through a pre-pack sale. The commercial franchise has value; the current corporate vehicle almost certainly does not.
Shareholders' funds
£2,940,034
Balance sheet as at 2024-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1996-02-19
- Registered office
- Resolution House 12 Mill Hill, Leeds, LS1 5DQ
- Postcode
- LS1 5DQ
- Capital
- 300 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-04-05
- Next due by
- 2026-04-19 Overdue
Nature of business (SIC)
- 27900 Manufacture of other electrical equipment
Officers 1 current · 11 resigned
Previous registered addresses 4
| Address | Changed on |
|---|---|
| DELPH NEW ROAD, DELPH, OLDHAM, LANCASHIRE, OL3 5BG | 2016-02-09 |
| SADDLEWORTH BUSINESS CENTRE, DELPH, OLDHAM, OL3 5DF | 2006-04-06 |
| 40 HILLSIDE AVENUE, GROTTON, OLDHAM, OL4 5SG | 1997-05-09 |
| SUITE 13009, 72 NEW BOND STREET, LONDON, W1Y 9DD | 1996-03-14 |
The class of 1996
45%
of the 41,235 companies incorporated in 1996 are still active today; 52% have since been dissolved.
A fact about the year, not a forecast for this company.