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Highfield Penscombe Limited

06323297

active
Private Limited Company
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 25/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr David John Watkins

secretary · Since 25/07/2007

FARMER

BRITISH · ENGLAND · Age 72

Also on 21 other boards

Mr David John Watkins

director · Since 25/07/2007

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 LIMITED

Created 26/02/2021Registered 02/03/2021
Charge
outstanding

EXETER FINANCE 2 LIMITED (TRADING AS “EXETER FINANCE�)

Created 28/02/2019Registered 06/03/2019
charge
satisfied

CLYDESDALE BANK PLC

Created 30/09/2008Registered 02/10/2008Satisfied 08/02/2019

CompanyRankvs 30656+ SIC 41100 peers
49

Financial strength63th percentile among SIC peers · 16/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.96× · 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 strength16/25 pts

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

Employees7/15 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

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.2M

Debtors

£77k

1avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96+£0
20230.97+£0
20220.99

Derived from filed accounts. Not audited figures.