- Companies
- Property developers
- Gateshead
- Assetsound Limited
Assetsound Limited
- Company number
- 02262080
- Incorporated
- 25 May 198838 years trading
- Registered office
- 45 Beacon Lough Road, Gateshead, NE9 6TA
- Nature of business
- Development of building projects; Buying and selling of own real estate
Assetsound Limited is a 38-year-old private limited company registered in Gateshead, company number 02262080, one of 113 property development companies in Gateshead. Its next accounts are due at Companies House on 30 December 2027, and the CT600 for the period to 30 March 2027 is due at HMRC on 30 March 2028.
Key dates
Worked out from the year end and filing history on the Companies House register.
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Finances
From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.
- Net assets down £5,949 (-3.2%) on the year before, to £181K.
- Net assets rose in 2 of 9 year-on-year comparisons on record.
- Current assets of £87K against £55K owed within a year: 1.6 times cover.
- 2 employees on average during the year.
- Balance sheets on record for 10 years, 2017 to 2026.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 Mar 2026 | £181K | £87K | £55K | 2 | |
| 31 Mar 2025 | £187K | £96K | £61K | 2 | |
| 31 Mar 2024 | £192K | £96K | £59K | 2 | |
| 31 Mar 2023 | £200K | £96K | £55K | 2 | |
| 30 Mar 2022 | £212K | £103K | £53K | 2 | |
| 31 Mar 2021 | £224K | £265K | £42K | 2 | |
| 31 Mar 2020 | £221K | £259K | £37K | 2 | |
| 31 Mar 2019 | £237K | £273K | £34K | ||
| 31 Mar 2018 | £254K | £307K | £52K | ||
| 31 Mar 2017 | £181K | £188K | £36K |
Who runs and owns Assetsound Limited
From the Companies House register. Individuals are shown by initials only; the full register is on Companies House.
Officer
| Name | Role | Appointed |
|---|---|---|
| R*** H*** | Director | before May 1991 |
3 former officers
| Name | Role | Appointed | Left |
|---|---|---|---|
| M*** H*** | Secretary | Jul 1998 | |
| N*** M*** | Secretary | Jul 1998 | Jan 2009 |
| M*** H*** | Director | Jun 1994 |
Person with significant control
Charges (secured borrowing)
1 of 17 registered charges are outstanding. A charge is security a lender takes over a company's assets, typically for a loan, mortgage or asset finance.
| Lender | Status | Registered |
|---|---|---|
| Barclays Bank PLC | Outstanding | Jul 2008 |
| Barclays Bank PLC | Satisfied Jan 2013 | Jul 2008 |
| Barclays Bank PLC | Satisfied Feb 2011 | Feb 2008 |
| Yorkshire Bank PLC | Satisfied Aug 2008 | Sep 2000 |
| Yorkshire Bank PLC | Satisfied Aug 2008 | Sep 2000 |
| Yorkshire Bank PLC | Satisfied Aug 2008 | Oct 1999 |
| Yorkshire Bank PLC | Satisfied Mar 2007 | Jul 1999 |
| Yorkshire Bank PLC | Satisfied Aug 2008 | Jul 1999 |
| National Westminster Bank PLC | Satisfied Jun 2000 | Jul 1999 |
| Yorkshire Bank PLC | Satisfied Jul 1999 | Aug 1992 |
| Yorkshire Bank PLC | Satisfied Jan 1998 | Aug 1992 |
| Yorkshire Bank PLC | Satisfied Jul 1999 | Aug 1992 |
| Yorkshire Bank PLC | Satisfied Jul 1999 | Aug 1992 |
| Yorkshire Bank PLC | Satisfied Feb 1998 | Aug 1992 |
| Yorkshire Bank PLC. | Satisfied Jul 1999 | Oct 1991 |
| Yorkshire Bank PLC | Satisfied Sep 1998 | Nov 1990 |
| Yorkshire Bank PLC | Satisfied Sep 1998 | Mar 1990 |
Where Assetsound Limited is registered
The registered office is in Gateshead (NE9), in the Gateshead local authority area, North East. Show NE9 6TA on a map.
Other trade companies in NE9
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- Carpet Preppers LtdFloor and wall tilers
- LSR Motors LtdMotor traders
- SC Network Solutions LtdCivil engineering
- G L Mulholland Electrical Energy Services LtdElectricians
- CM Interiors Ne LtdBuilders
- Philip Royson LimitedBuilders
What happens if Assetsound Limited files late
Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 30 December 2027.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 31 Dec 2027 to 30 Jan 2028 | £150 |
| 1 to 3 months late | 31 Jan 2028 to 30 Mar 2028 | £375 |
| 3 to 6 months late | 31 Mar 2028 to 30 Jun 2028 | £750 |
| More than 6 months late | From 1 Jul 2028 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 31 Mar 2028 | £200 |
| 3 months late | 30 Jun 2028 | another £200 |
| 6 months late | 30 Sep 2028 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 30 Mar 2029 | another 10% of any unpaid tax |
For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.
Company details
As held on the Companies House register.
- Company number
- 02262080
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 25 May 1988 (38 years ago)
- Registered office
- 45 Beacon Lough Road, Gateshead, NE9 6TA
- Nature of business
- Development of building projects (SIC 41100)
Buying and selling of own real estate (SIC 68100) - Year end
- 30 March (accounting reference date)
- Accounts type
- Micro-entity
- Last accounts made up to
- 31 March 2026
- Last confirmation statement
- 25 May 2026
- Charges (mortgages)
- 1 outstanding of 17 registered
Filing notes for property development companies
Many property development companies are single-project vehicles. Stock of land and buildings sits on the balance sheet as work in progress until sale, and a company that has finished its project may become dormant rather than close.
Similar companies in Gateshead
Other active property development companies registered in Gateshead.
- Bede Homes (Shotley Bridge) Limited2021
- Bede Homes (Yarm) Limited2021
- Bel Design & Building Ltd2010
- Bell Business Parks Ltd2022
- BHL Woodland Limited2020
- Blackhaus Estates Limited2025
- Blacktree Enterprises Limited2016
- Bright Housing Limited Ltd2026
All property development companies in Gateshead · All trades in Gateshead · Property developers across the UK
Frequently asked questions
When are Assetsound Limited's accounts due?
Assetsound Limited's next accounts are due at Companies House by 30 December 2027 (in 444 days), covering the period to 30 March 2027.
When is Assetsound Limited's CT600 due?
The CT600 for the period to 30 March 2027 is due at HMRC by 30 March 2028, 12 months after the period end. The corporation tax itself is payable earlier, by 31 December 2027.
Is Assetsound Limited still trading?
Assetsound Limited is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.
What does Assetsound Limited do?
Assetsound Limited is registered under Development of building projects (SIC 41100); Buying and selling of own real estate (SIC 68100).
How old is Assetsound Limited?
Assetsound Limited was incorporated on 25 May 1988, 38 years ago.
Who runs Assetsound Limited?
Assetsound Limited has 1 active director. Their names and service addresses are on the Companies House register.
Who owns Assetsound Limited?
One person or company has significant control of Assetsound Limited: an individual (owns 75% or more of the shares).
What is the penalty if Assetsound Limited files its accounts late?
Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.
Official records
View Assetsound Limited on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.