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Waveney Developments (Diss) Limited

09710421

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)
  • Going concern doubt noted in accounts (-10)

Details

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

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 20/06/2026

Due 04/07/2027

On track

Industry

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

Officers

Mrs Carly Michelle Read-Musgrave

director · Since 22/06/2023

DIRECTOR

BRITISH · ENGLAND · Age 39

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 47

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

Mrs Carly Michelle Read-Musgrave

25–50% shares
25–50% votes

British · England · Age 39

C/O Reads Property Developments, Hopper Way, Diss, IP22 4GT

Notified 22/06/2023

Louise Read-Farrell

25–50% shares
25–50% votes

British · United Kingdom · Age 47

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 5087+ SIC 55209 peers
30

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
Going concern doubt -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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company

Key FinancialsYear ending 30/09/2025

Net Worth

-£247k

Balance sheet strength

Cash

£691

Cash in the bank

Net Current Assets

-£303k

Working capital

Current Assets

£6k

Current Liabilities

£309k

Fixed Assets

£56k

Debtors

£5k

2avg. employees

Balance Sheet

Assets less current liabilities-£247k
Signed by Mrs L Read-Farrell,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£715
20240.02-£6k
20230.02

Derived from filed accounts. Not audited figures.