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Westacres Homes Limited

09415035

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 10 outstanding charges (-10)

Details

FLOOR 2 PRINCESS HOUSE, SWANSEA, SA1 3LW
Incorporated 30/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Ian Wayne Morgan

director · Since 30/01/2015

DIRECTOR

WELSH · UNITED KINGDOM · Age 59

Also on 8 other boards

Mrs Tonia Anne Morgan

director · Since 30/01/2015

DIRECTOR

BRITISH · WALES · Age 55

Also on 7 other boards

Kara Francesca Morgan

director · Since 01/07/2025

DIRECTOR

BRITISH · WALES · Age 27

Also on 1 other board

Taylor Anne Morgan

director · Since 01/07/2025

DIRECTOR

BRITISH · WALES · Age 29

Also on 1 other board

Persons with Significant Control

Mr Ian Wayne Morgan

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 59

Floor 2 Princess House, Princess Way, Swansea, SA1 3LW

Notified 06/04/2016

Mrs Tonia Anne Morgan

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 55

Floor 2 Princess House, Princess Way, Swansea, SA1 3LW

Notified 06/04/2016

Charges10 outstanding

Charge
outstanding

POBL LIVING LIMITED

Created 30/05/2025Registered 30/05/2025
Charge
satisfied

DBW INVESTMENTS (3) LIMITED

Created 10/12/2024Registered 19/12/2024Satisfied 10/02/2026
Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 06/02/2024Registered 13/02/2024
Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 12/01/2023Registered 15/01/2023
Charge
outstanding

THE COUNCIL OF THE CITY AND COUNTY OF SWANSEA

Created 12/01/2023Registered 13/01/2023
Charge
outstanding

LLOYDS BANK PLC

Created 11/06/2021Registered 16/06/2021
Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 16/10/2020Registered 20/10/2020
Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 08/11/2019Registered 12/11/2019
Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 29/10/2018Registered 05/11/2018
Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 19/09/2018Registered 26/09/2018
Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 03/11/2017Registered 08/11/2017

CompanyRankvs 18542+ SIC 41100 peers
58

Financial strength95th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.8× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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18542Westacres Homes Limited
64
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.

Employees2/15 pts

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

Liquidity16/20 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

£1.4M

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£6.7M

Working capital

Current Assets

£15.0M

Current Liabilities

£8.3M

Debtors

£1.9M

0avg. employees

Tax at Year End(2022)

Corp tax£777k

Balance Sheet

Assets less current liabilities£6.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.80-£476k
20241.43-£33k
20231.81-£1.3M
20221.79+£1.9M
20211.81+£788k
20201.16+£538k
20191.69—

Derived from filed accounts. Not audited figures.