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Norfolk Barn Restorations Ltd

09414803

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

THE UNION BUILDING, NORWICH, NR1 1BY
Incorporated 30/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Adam Joseph Tibbs

director · Since 30/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Adam Joseph Tibbs

75–100% shares

British · England · Age 50

15, Salhouse Road, Norwich, NR13 6PD

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

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Created 15/03/2022Registered 15/03/2022
Charge
outstanding

BELMONT GREEN FINANCE LTD TRADING AS VIDA HOMELOANS

Created 10/10/2017Registered 11/10/2017
Charge
outstanding

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Created 10/10/2017Registered 11/10/2017
Charge
satisfied

RQ CAPITAL LIMITED

Created 28/05/2015Registered 16/06/2015Satisfied 11/10/2017
Charge
satisfied

RQ CAPITAL LIMITED

Created 28/05/2015Registered 15/06/2015Satisfied 11/10/2017

CompanyRankvs 105665+ SIC 68100 peers
28

Financial strength3th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity11/15 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 31/03/2025

Net Worth

-£114k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£100

Current Liabilities

£4k

Fixed Assets

£325k

1avg. employees

Balance Sheet

Assets less current liabilities£321k
Signed by Mr Adam Tibbs 18/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£4k
20240.01+£1k
20230.57-£10k
20222.29-£22k
20210.00-£7k
20200.01+£106k
20190.00

Derived from filed accounts. Not audited figures.