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Local Homes Limited

03935724

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 6 outstanding charges (-10)

Details

12A FLEET BUSINESS PARK, HANTS,, GU52 8BF
Incorporated 28/02/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Norman Warwick Read

director · Since 24/03/2003

PROPERTY DEVELOPER/FARMER

BRITISH · UNITED KINGDOM · Age 79

Also on 2 other boards

Persons with Significant Control

Mr Norman Warwick Read

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

British · England · Age 79

Grosvenor Croft, Grosvenor Road, Alton, GU34 5JE

Notified 06/04/2016

Charges6 outstanding

A registered charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 07/07/2026Registered 15/07/2026
A registered charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 07/07/2026Registered 08/07/2026
charge
outstanding

LLOYDS TSB BANK PLC

Created 30/01/2012Registered 31/01/2012
charge
satisfied

LLOYDS TSB BANK PLC

Created 30/12/2011Registered 05/01/2012Satisfied 15/06/2023
charge
outstanding

MORTGAGE TRUST LIMITED

Created 17/08/2007Registered 18/08/2007
charge
satisfied

HSBC BANK PLC

Created 20/03/2007Registered 22/03/2007
charge
outstanding

HSBC BANK PLC

Created 23/06/2006Registered 28/06/2006
charge
outstanding

HSBC BANK PLC

Created 21/03/2005Registered 26/03/2005

CompanyRankvs 3413+ SIC 68100 peers
72

Financial strength93th percentile among SIC peers · 23/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.56× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3413Local Homes Limited
82
How is this score calculated?
Financial strength23/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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 31/01/2025

Net Worth

£466k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£466k

Working capital

Current Assets

£764k

Current Liabilities

£298k

Debtors

£187k

1avg. employees
Signed by 03935724 2024-02-01 2025-01-31 03935724 2025-01-31 03935724 core:CurrentFinancialInstruments 2025-01-31 03935724 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.56+£10k
20242.38+£10k
20232.32—

Derived from filed accounts. Not audited figures.