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Grace Homes Limited

03828334

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

4 MELBOURNE HOUSE CORBYGATE BUSINESS PARK, CORBY, NN17 5JG
Incorporated 19/08/1999

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/08/2025

Due 02/09/2026

On track

Industry

41100
Development of building projects

Officers

Mr Henry Francis Barney

secretary · Since 10/09/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 75 other boards

Mr Henry Francis Barney

director · Since 10/09/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 75 other boards

Mr Steven Thomas Bateman

director · Since 10/09/1999

PROJECT MANAGER

BRITISH · UNITED KINGDOM · Age 59

Mr Peter Ashley Hutorka

director · Since 01/08/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Daniel Harry Rate Browne

director · Since 01/05/2020

LAND DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 6 other boards

Mr Richard John Moys

director · Since 01/01/2024

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Grace Developments Limited

75–100% shares
75–100% votes
Appoint directors

4 Melbourne House, Corbygate Business Park, Corby, NN17 5JG

Reg: 07879654 · Uk Register Of Companies · Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

QUANTUM DEVELOPMENT FINANCE LTD

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Charge
outstanding

CLOSE BROTHERS LIMITED

Created 05/07/2023Registered 05/07/2023
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 26/05/2023Registered 05/06/2023Satisfied 03/03/2026
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 24/03/2023Registered 27/03/2023
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 07/03/2023Registered 10/03/2023Satisfied 03/03/2026
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 10/12/2021Registered 16/12/2021Satisfied 03/03/2026
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 02/08/2021Registered 02/08/2021Satisfied 03/03/2026
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 03/12/2020Registered 04/12/2020Satisfied 18/05/2022
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 02/12/2019Registered 02/12/2019Satisfied 18/05/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/04/2019Registered 01/04/2019Satisfied 27/05/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/07/2018Registered 31/07/2018Satisfied 18/05/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/09/2016Registered 05/09/2016Satisfied 18/05/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/06/2016Registered 24/06/2016Satisfied 18/05/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/06/2016Registered 22/06/2016Satisfied 18/05/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/12/2015Registered 07/12/2015Satisfied 22/03/2017
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/03/2014Registered 20/03/2014Satisfied 18/05/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/10/2002Registered 11/10/2002Satisfied 22/10/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/12/2001Registered 11/01/2002Satisfied 22/03/2005
charge
satisfied

ZURICH INSURANCE COMPANY

Created 22/10/2001Registered 27/10/2001Satisfied 18/05/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/02/2001Registered 14/02/2001Satisfied 22/03/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/01/2000Registered 14/01/2000Satisfied 22/03/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/09/1999Registered 08/10/1999Satisfied 03/02/2023

CompanyRankvs 46150+ SIC 41100 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£13.5M

Annual revenue

Net Worth

£1.8M

Balance sheet strength

Cash

£34k

Cash in the bank

Profit Before Tax

-£520k

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£28.2M

Current Liabilities

£26.5M

Fixed Assets

£164k

Debtors

£151k

Cost of Sales

£12.7M

Gross Profit

£821k

Admin Expenses

£1.4M

Operating Profit

-£534k

Profit After Tax

-£432k

25avg. employees+2

Tax at Year End

Corp tax£22
VAT£40k
Dividends paid£426k

People Costs

Wages & salaries£1.4M
NI contributions£164k

Balance Sheet

Bank loans & overdrafts£12.6M
Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.07-£858k£801k
20231.26+£1.1M
20181.40+£623k
20161.20

Derived from filed accounts. Not audited figures.