# PADON CONTRACTS LIMITED (04376235)

> PADON CONTRACTS LIMITED is an active private limited company (company number 04376235) incorporated on 18 February 2002, registered in Northumberland. Its registered activity is construction of commercial buildings (SIC 41201). Latest small accounts cover the period ending 31 March 2025, showing net assets of £149k and cash of £229k, with 2 employees on average. Net assets rose 78% on the prior period (£84k).

- Status: Active
- Incorporated: 2002-02-18
- Registered office: Northumberland, NE19 1HA
- SIC 41201: Construction of commercial buildings
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 226 comparable companies in Newcastle (median £7,249, upper quartile £85k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £149k | £229k | £715k | £837k | — | — | 2 |
| 2024-03-31 | £84k | £218k | £741k | £913k | — | — | 2 |

current ratio 1.13; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £149,053 at 31 March 2025
- Net assets up 10% or more on the prior period: +77.9% vs prior period
- Cash at bank of £50,000 or more: Cash £229,125
- Incorporated five or more years ago: Incorporated 18 February 2002

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Melanie Kay Mackie — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-04-06
- Mr Ian Mackie — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2016-04-06

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04376235
HTML: https://firmoscan.com/company/04376235-padon-contracts-limited