Company Overview
Purpose Buildthree Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 12 February 2019, so this is a well established company. Purpose Buildthree Limited has been in business for 7 years and 1 month. The accounts status is micro entity and the accounts are next due on Saturday 28 February 2026.
Registered Address

Kasl Precision Machining Commerce Way, Rainton Bridge Industrial Estate, Houghton Le Spring, Tyne & Wear, DH4 5PP
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Companies House Data
Company NamePURPOSE BUILDTHREE LIMITED
Company Number11822928
Registered Office AddressKasl Precision Machining Commerce Way
 Rainton Bridge Industrial Estate
 DH4 5PP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/02/2019
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date28/02/2026
Accounts Last Made Up Date29/02/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/03/2020
Directors & Members
Show Resigned
Michael Styan - Director
(British, 46 years old, born March 1980)
Appointed 12 February 2019
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Michael Styan
ARDMORE 07469436 LIMITED
AVENIUM ENGINEERING LTD
COURSEBOX LIMITED
FALCONS MANAGEMENT LIMITED
FALCONSONE LIMITED
FALCONSTHREE LIMITED
FALCONSTWO LIMITED
JAYVEE BUILDING SERVICES LIMITED
JWS HOLDINGS (NE) LIMITED
KASL ENGINEERING GROUP LIMITED
KASL PRECISION MACHINING (WASHINGTON) LIMITED
KASL PRECISION MACHINING LIMITED
KIWI MARKETING LIMITED
PURPOSE BUILD GROUP LIMITED
PURPOSE BUILD HOMES LIMITED
PURPOSE BUILD MANAGEMENT LIMITED
PURPOSE BUILDFIVE LIMITED
PURPOSE BUILDFOUR LIMITED
PURPOSE BUILDFOUR LIMITED
PURPOSE BUILDONE LIMITED
PURPOSE BUILDSIX LIMITED
PURPOSE BUILDTWO LIMITED
STYAN LIMITED
STYAN ONE LIMITED
TRU:VAI LIMITED
WELD-TECH SERVICES LIMITED
Balance Sheet Unlock full report
Accounts Date 29-Feb-2024 28-Feb-2022 28-Feb-2021
Balance Sheet
Fixed Assets 1,049,471 1,049,471 1,049,471
Current Assets 8,780 8,780 11,155
Creditors Due Within One Year 402,115 402,115 552,229
Working Cap -393,335 -393,335 -541,074
Total Assets Less Current Liabilities 656,136 656,136 508,397
Long-term Liabilities 607,853 607,853 471,509
Net Assets 48,283 48,283 36,888
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 48,283 48,283 36,888
Common Size Financial Analysis Unlock full report
Accounts Date 29-Feb-2024 28-Feb-2022 28-Feb-2021
Tangible Fixed Assets - - -
Fixed Assets 99.2% 99.2% 98.9%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 0.8% 0.8% 1.1%
Creditors Due Within One Year 38.0% 38.0% 52.1%
Net Current Assets Liabilities -37.2% -37.2% -51.0%
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 4.6% 4.6% 3.5%
Capital Employed - - -
Total Assets Less Current Liabilities 62.0% 62.0% 47.9%
Financial Ratio Analysis Unlock full report
Accounts Date 29-Feb-2024 28-Feb-2022 28-Feb-2021
Liquidity Ratio 0.0 0.0 0.0
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 29-Feb-2024 28-Feb-2022 28-Feb-2021
Assets 1,058,251 1,058,251 1,060,626
Debt 1,009,968 1,009,968 1,023,738
Net Assets/Debt 48,283 48,283 36,888

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 appeared positive. We would normally view a company positively for this. 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 appeared positive. We would normally view a company positively for this. 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 appeared positive. We would normally view a company positively for this. 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
Other Business around DH4 5PP
No other companies found in the same location
Document Filings
Confirmation statement made on 27 January 2026 with updates
Cessation of Styan Limited as a person with significant control on 14 January 2026
Notification of Michael Stephen Styan as a person with significant control on 14 January 2026
Director's details changed for Mr Michael Stephen Styan on 14 January 2026
Confirmation statement made on 18 August 2025 with no updates
Confirmation statement made on 18 August 2024 with no updates
Registered office address changed from Kasl Precision Engineering Commerce Way Houghton Le Spring DH4 5PP England to Kasl Precision Machining Commerce Way Rainton Bridge Industrial Estate Houghton Le Spring Tyne & Wear DH4 5PP on 5 July 2024
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Registered office address changed from Suite 18 & 19 Cargo Fleet Offices Middlesbrough Road Middlesbrough TS6 6XJ England to Kasl Precision Engineering Commerce Way Houghton Le Spring DH4 5PP on 29 January 2024
Confirmation statement made on 18 August 2023 with no updates
Confirmation statement made on 18 August 2022 with no updates
Satisfaction of charge 118229280007 in full
Satisfaction of charge 118229280006 in full
Registered office address changed from Unit 6 Mandale Wharf Boathouse Court Stockton-on-Tees TS18 3FA England to Suite 18 & 19 Cargo Fleet Offices Middlesbrough Road Middlesbrough TS6 6XJ on 15 November 2021
Confirmation statement made on 18 August 2021 with no updates
Notification of Styan Limited as a person with significant control on 18 August 2021
Withdrawal of a person with significant control statement on 3 September 2021
Registration of charge 118229280006, created on 9 July 2021
Registration of charge 118229280007, created on 9 July 2021
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