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Norwich Developments Limited

01027406

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

54 THORPE ROAD, NORWICH, NR1 1RY
Incorporated 14/10/1971

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/06/2025

Due 01/07/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Matthew John Wickham

director · Since 26/02/2004

SALES EXECUTIVE

BRITISH · UNITED KINGDOM · Age 52

Mr Karl George Anthony Catchpole

director · Since 21/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr Karl George Anthony Catchpole

Significant control

British · England · Age 59

Rowan House, 8 Rainsborough Rise, Norwich, NR7 0TR

Notified 01/06/2023

Mr Matthew John Wickham

Significant control

British · United Kingdom · Age 52

22 Blackthorn Road, Wymondham, NR18 0PY

Notified 01/06/2023

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/04/2009Registered 25/04/2009Satisfied 12/01/2021
charge
satisfied

CAPITAL HOME LOANS LIMITED

Created 29/08/2000Registered 19/09/2000Satisfied 29/04/2022

Insolvency History1 case

receiver manager

Mark Northfield (receiver manager) · Peter Gammon (receiver manager)

CompanyRankvs 63105+ SIC 68209 peers
50

Financial strength65th percentile among SIC peers · 16/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees12/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£60k

Working capital

Current Assets

£28k

Current Liabilities

£88k

Fixed Assets

£87k

2avg. employees

Balance Sheet

Assets less current liabilities£27k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32-£166k
20231332.75

Derived from filed accounts. Not audited figures.