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Waveney Developments (Diss) Limited

09710421

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

C/O READS PROPERTY DEVELOPMENTS, DISS, IP22 4GT
Incorporated 30/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55209
Other holiday and short-stay accommodation
68209
Other letting and operating of own or leased real estate

Officers

Mrs Carly Michelle Read

director · Since 22/06/2023

DIRECTOR

BRITISH · ENGLAND · Age 39

Louise Read-Farrell

director · Since 22/06/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mrs Carly Michelle Read

25–50% shares
25–50% votes

British · England · Age 39

Carefree, Norwich Road, Diss, IP21 4NR

Notified 22/06/2023

Louise Read-Farrell

25–50% shares
25–50% votes

British · United Kingdom · Age 46

2 Clarke Close, Palgrave, Diss, IP22 1BE

Notified 22/06/2023

Former PSCs

Mrs Carol Susan Read

Ceased 22/06/2023

Mr Simon John Richardson

Ceased 22/06/2023

CompanyRankvs 5194+ SIC 55209 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.02× · 2/20
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.

Employees11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£247k

Balance sheet strength

Cash

£821

Cash in the bank

Net Current Assets

-£303k

Working capital

Current Assets

£6k

Current Liabilities

£245k

Fixed Assets

£56k

Debtors

£5k

2avg. employees

Balance Sheet

Assets less current liabilities-£247k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£6k
20230.02
20220.03
20210.02
20190.03
20180.04

Derived from filed accounts. Not audited figures.