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Distinction Homes Limited

09464735

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

3 WEST BUILDINGS, WORTHING, BN11 3BS
Incorporated 02/03/2015

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/03/2026

Due 16/03/2027

On track

Industry

41100
Development of building projects

Officers

Mrs Clare Adrienne Elliott

director · Since 02/03/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 6 other boards

Mr Mark Andrew Elliott

director · Since 02/03/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 17 other boards

Mr Julian Paul Leach

director · Since 02/03/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 40 other boards

Persons with Significant Control

Mr Mark Andrew Elliott

25–50% shares

British · England · Age 68

3, West Buildings, Worthing, BN11 3BS

Notified 02/03/2017

Mr Julian Paul Leach

25–50% shares

British · England · Age 73

3, West Buildings, Worthing, BN11 3BS

Notified 02/03/2017

CompanyRankvs 73542+ SIC 41100 peers
33

Financial strength4th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

Employees0/15 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.

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.

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

-£195k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

-£195k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.5M

Debtors

£6k

Director Loans

Company owes directors£1.5M

Balance Sheet

Assets less current liabilities-£195k
Signed by Mr M A Elliott 29 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87-£42k
20240.93-£164k
20231.00-£72k
20221.03-£23k
20211.04-£26k
20201.06-£44k
20191.07

Derived from filed accounts. Not audited figures.