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Highfield Homes Of Distinction Limited

01950748

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

LANDUE, LAUNCESTON, PL15 9NN
Incorporated 27/09/1985

Compliance

Last accounts

31/10/2024

small

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 04/02/2026

Due 18/02/2027

On track

Industry

41100
Development of building projects
41202
Construction of domestic buildings

Officers

Mr David John Watkins

director · Since 22/06/1991

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 21 other boards

Mr David John Watkins

secretary · Since 02/04/2004

FARMER

BRITISH · ENGLAND · Age 72

Also on 21 other boards

Persons with Significant Control

Mr David John Watkins

Significant control

British · England · Age 72

Landue, Lezant, Launceston, PL15 9NN

Notified 23/06/2016

Charges2 outstanding

Charge
outstanding

EXETER FINANCE LTD

Created 07/03/2023Registered 08/03/2023
Charge
outstanding

EXETER FINANCE LIMITED (08577273)

Created 07/09/2016Registered 13/09/2016
Charge
satisfied

ALDERMORE BANK PLC

Created 14/07/2014Registered 04/03/2015Satisfied 21/09/2016
Charge
satisfied

ALDERMORE BANK PLC

Created 11/08/2014Registered 20/08/2014Satisfied 21/09/2016
Charge
satisfied

ALDERMORE BANK PLC

Created 14/07/2014Registered 26/07/2014Satisfied 21/09/2016
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 22/05/2006Registered 24/05/2006Satisfied 21/06/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 17/09/2002Registered 24/09/2002Satisfied 21/06/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 17/09/2002Registered 24/09/2002Satisfied 21/06/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 17/09/2002Registered 24/09/2002Satisfied 21/06/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 17/09/2002Registered 24/09/2002Satisfied 21/06/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 06/07/2002Registered 09/07/2002Satisfied 21/06/2014

CompanyRankvs 15456+ SIC 41100 peers
60

Financial strength75th percentile among SIC peers · 19/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.99× · 6/20
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 strength19/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

£50k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£4.4M

Current Liabilities

£4.4M

Fixed Assets

£127k

Debtors

£1.7M

10avg. employees-2

Balance Sheet

Assets less current liabilities£61k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£1k
20230.99-£257k
20221.04

Derived from filed accounts. Not audited figures.