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Norit Properties Limited

00665671

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

31 BRIDGE STREET, ABERYSTWYTH, SY23 1QB
Incorporated 21/07/1960

Compliance

Last accounts

30/04/2025

unaudited abridged

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 26/01/2026

Due 09/02/2027

On track

Industry

41100
Development of building projects

Officers

Mr Terry Malcolm Krell Frics

director · Since 16/01/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 43 other boards

Mr Terry Malcolm Krell

secretary · Since 16/10/2018

Mr Ethan Gabriel Krell

director · Since 19/01/2023

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 28

Also on 12 other boards

Persons with Significant Control

Glenfit Properties Limited

75–100% shares

31, Bridge Street, Aberystwyth, SY23 1QB

Notified 07/04/2016

CompanyRankvs 54504+ SIC 41100 peers
39

Financial strength19th percentile among SIC peers · 5/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 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.

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

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£100

Current Liabilities

£1.7M

Fixed Assets

£1.6M

Debtors

£100

0avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£461
20240.00
20230.00

Derived from filed accounts. Not audited figures.