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Horsford Development Company Limited

00762308

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

THE SAWMILLS THE STREET, NORWICH, NR10 4AB
Incorporated 28/05/1963

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 28/08/2025

Due 11/09/2026

On track

Industry

41100
Development of building projects

Officers

Mrs Patricia Christine Hinchley

director · Since 28/08/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 3 other boards

Mrs Angela Mary Magnus

director · Since 28/08/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 83

Also on 13 other boards

Mrs Angela Mary Magnus

secretary · Since 29/10/2007

BRITISH · ENGLAND · Age 83

Also on 13 other boards

Mr Adrian Paul Magnus

director · Since 17/12/2008

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Mr Julian Thomas Magnus

director · Since 17/12/2008

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mrs Angela Mary Magnus

25–50% shares
25–50% votes

British · England · Age 83

Eastfields, Church Street, Norwich, NR10 3DB

Notified 06/04/2016

Mrs Patricia Christine Hinchley

25–50% shares
25–50% votes

British · England · Age 78

1, Little Down Orchard, Sidmouth, EX10 0BQ

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

LLOYDS BANK LTD

Created 31/10/1978Registered 07/11/1978
charge
outstanding

LLOYDS BANK LTD

Created 25/04/1973Registered 27/04/1973
charge
outstanding

LLOYDS BANK LTD

Created 25/04/1973Registered 27/04/1973
charge
outstanding

BARCLAYS BANK LTD

Created 27/07/1965Registered 03/08/1965

CompanyRankvs 3337+ SIC 41100 peers
74

Financial strength96th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.84× · 16/20
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 strength24/25 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.

Liquidity16/20 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 31/05/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£118k

Working capital

Current Assets

£257k

Current Liabilities

£139k

Fixed Assets

£2.2M

Debtors

£252k

4avg. employees

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.84-£21k
20232.20-£75k
20221.98-£1k
20212.08+£122k
20201.95+£49k
20191.96+£55k
20171.64

Derived from filed accounts. Not audited figures.