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Normic Development Company Limited

00483640

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

129 PELHAM RD, LONDON, SW19 1NZ
Incorporated 22/06/1950

Compliance

Last accounts

30/04/2025

unaudited abridged

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 19/06/2025

Due 03/07/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr John Norman Healey

secretary · Since 29/07/1991

BRITISH · UNITED KINGDOM · Age 98

Also on 3 other boards

Mr John Norman Healey

director · Since 29/07/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 98

Also on 3 other boards

Mr Michael John Healey

director · Since 01/05/1998

MOTOR TRADER

BRITISH · UNITED KINGDOM · Age 82

Also on 1 other board

Persons with Significant Control

Mr John Norman Healey

25–50% shares

British · United Kingdom · Age 98

2 Berry Walk, Woodfield Lane, Ashtead, KT21 2BQ

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

LLOYDS BANK LIMITED

Created 08/12/1975Registered 11/12/1975
charge
outstanding

LLOYDS BANK LIMITED

Created 09/03/1967Registered 28/03/1967
charge
outstanding

LLOYDS BANK LIMITED

Created 28/03/1967Registered 28/03/1967
charge
outstanding

LLOYDS BANK LIMITED

Created 07/10/1964Registered 20/10/1964

CompanyRankvs 12090+ SIC 68100 peers
61

Financial strength100th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£10.5M

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

-£420k

Working capital

Current Assets

£175k

Current Liabilities

£596k

Fixed Assets

£11.1M

Debtors

£59

3avg. employees+1

Balance Sheet

Assets less current liabilities£10.7M
Signed by Mr John Healey 25/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29-£56k
20241.48-£447k
20233.72+£1.2M
20221.99+£397k
20212.21+£2.2M
20205.43-£1.0M
20195.96+£181k
20189.54

Derived from filed accounts. Not audited figures.