NORTH EAST BUSINESS AND INNOVATION CENTRE LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-05 (in 6mo)
Last made up 2025-10-22
Watchouts
None on the register
Cash
£5M
+10.8% highest in 5 filed years
Net assets
£17M
+2.2% highest in 5 filed years
Employees
108
+5.9% highest in 5 filed years
Profit before tax
£466K
+103.5% vs 2024
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £8,054,675 | £8,752,839 | |
| Operating profit | — | — | — | £106,752 | £303,348 | |
| Profit before tax | — | — | — | £229,097 | £466,297 | |
| Net profit | — | — | — | £182,374 | £363,339 | |
| Cash | £3,742,653 | £3,835,543 | £4,316,875 | £4,961,597 | £5,498,224 | |
| Total assets less current liabilities | £15,120,808 | £15,466,492 | £16,201,959 | £16,888,203 | £17,250,010 | |
| Net assets | £14,239,099 | £14,629,504 | £15,477,218 | £16,163,540 | £16,526,879 | |
| Equity | — | — | — | £16,163,540 | £16,526,879 | |
| Average employees | 67 | 75 | 83 | 102 | 108 | |
| Wages | £1,841,117 | £1,979,533 | £2,243,038 | £3,333,920 | £3,589,646 | |
| Directors' remuneration | — | — | — | £90,811 | £90,572 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+8.7%
£8,054,675 £8,752,839
-
Cash
+10.8%
£4,961,597 £5,498,224
highest in 5 filed years
-
Net assets
+2.2%
£16,163,540 £16,526,879
highest in 5 filed years
-
Employees
+5.9%
102 108
highest in 5 filed years
-
Operating profit
+184.2%
£106,752 £303,348
-
Profit before tax
+103.5%
£229,097 £466,297
-
Wages
+7.7%
£3,333,920 £3,589,646
highest in 5 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 1.3% | 3.5% | |
| Net margin | — | — | — | 2.3% | 4.2% | |
| Return on capital employed | — | — | — | 0.6% | 1.8% | |
| Current ratio | — | — | — | 2.95x | 2.80x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 4 times since incorporation
- NORTH EAST BUSINESS AND INNOVATION CENTRE LIMITED 2003-12-30 → present
- NORTH EAST OF ENGLAND BUSINESS AND INNOVATION CENTRE LIMITED 2001-04-04 → 2003-12-30
- SUNDERLAND CITY TRAINING AND ENTERPRISE COUNCIL LIMITED 1994-06-13 → 2001-04-04
- WEARSIDE TRAINING AND ENTERPRISE COUNCIL LIMITED 1990-05-02 → 1994-06-13
- WEARSIDE TEC LIMITED 1989-11-09 → 1990-05-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- NORTH EAST BUSINESS AND INNOVATION CENTRE LIMITED · parent
- TEDCO Business Support Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCELDON, Paul John | Secretary | 1992-12-03 | — | British |
| ANDERSON, John Norman | Director | — | Aug 1945 | British |
| CARRICK, Kevan Ward | Director | 2016-10-13 | Apr 1947 | British |
| HOWELL, David William | Director | 2021-04-07 | Jun 1951 | British |
| HOWELL, Kevin David | Director | 2025-05-19 | Aug 1975 | British |
| MARSH, Andrew Alexander | Director | 2025-05-19 | Jul 1973 | British |
| MCELDON, Paul John | Director | 2008-12-12 | Aug 1966 | British |
| MIDDLETON, Laura | Director | 2025-05-19 | Jan 1982 | English |
| MILLIKEN, Sophie Clare | Director | 2025-05-19 | Aug 1979 | British |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PRESTON, Thomas Jules | Secretary | — | 1992-12-03 |
| ARMSTRONG, George | Director | — | 1996-01-29 |
| ASHMORE, Philip Barry | Director | 1997-03-19 | 2001-03-31 |
| BATER, Reginald | Director | — | 1994-03-21 |
| BOWERS, David Allison | Director | 1993-04-30 | 1995-02-07 |
| CASS, Alan | Director | — | 1993-03-23 |
| CUSHNAGHAN, John | Director | 1995-06-20 | 1996-04-18 |
| DAVIES, Graham Martin | Director | 1994-01-18 | 1994-08-30 |
| FENWICK, Peter Brian Martin | Director | 1994-03-10 | 2004-11-30 |
| GRABHAM, Derek | Director | — | 1993-09-22 |
| GRISTWOOD, Robert Barry | Director | 1993-05-01 | 1997-07-01 |
| HAILS, Brian, Rev | Director | 1994-07-05 | 2016-12-15 |
| HODGSON, David John | Director | 1999-03-16 | 2008-08-14 |
| KEY, Geoffrey Philip | Director | — | 1993-05-25 |
| KILSBY, Robert James | Director | 1995-02-07 | 1996-12-03 |
| LINDEN, Robert Wallace | Director | — | 1995-02-17 |
| MORGAN WILLIAMS, Hugh Richard Vaughan | Director | 1996-09-03 | 2001-03-31 |
| MOYES, Hartley Richard | Director | 1992-12-01 | 1993-09-09 |
| PARKINSON, Kenneth | Director | 1993-05-01 | 2001-03-31 |
| PRESTON, Thomas Jules | Director | — | 2000-02-21 |
| RAINE, Keith Walter | Director | — | 1993-03-31 |
| RIDDLE, James | Director | — | 1993-08-14 |
| SCOTT, Arthur | Director | — | 2001-03-25 |
| SINCLAIR, Colin William, Dr | Director | 1993-07-27 | 2001-05-31 |
| SINCLAIR, Patricia Frances | Director | 1996-07-09 | 2001-03-31 |
| SMALL, Rod | Director | 1996-01-17 | 2000-02-18 |
| SMITH, Norman James | Director | 1996-01-23 | 1998-06-23 |
| TODD, Ian Anderson | Director | 1999-03-16 | 2001-03-31 |
| TYE, Anne | Director | 1993-01-20 | 1996-04-09 |
| VINTHER, Niels Christian | Director | 1996-07-03 | 2015-04-12 |
| WARD, Anthony John | Director | — | 1993-03-09 |
| WICKENS, Peter David | Director | — | 1995-06-20 |
| WILLIAMS, John Anthony, Dr | Director | 1995-03-07 | 2001-03-31 |
| WRIGHT, Anne Margaret, Dr | Director | 1993-04-30 | 1998-09-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Mceldon | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 204 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-11 | AA | accounts | Accounts with accounts type group | |
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-29 | CH01 | officers | Change person director company with change date | |
| 2025-05-29 | CH01 | officers | Change person director company with change date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-16 | CH01 | officers | Change person director company with change date | |
| 2025-05-16 | CH01 | officers | Change person director company with change date | |
| 2024-12-10 | AA | accounts | Accounts with accounts type group | |
| 2024-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-11 | AA | accounts | Accounts with accounts type group | |
| 2023-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-19 | AA | accounts | Accounts with accounts type group | |
| 2022-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-05 | AA | accounts | Accounts with accounts type group | |
| 2021-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.