Back to search

Wymondham Developments Limited

09785829

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

Details

C/O READS PROPERTY DEVELOPMENTS, DISS, IP22 4GT
Incorporated 21/09/2015

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 31/05/2026

Due 14/06/2027

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 21/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 7 other boards

Louise Read-Farrell

director · Since 12/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Mrs Carly Michelle Read-Musgrave

25–50% shares
25–50% votes

British · United Kingdom · Age 39

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

Notified 20/09/2016

Mrs Carly Michelle Read

25–50% shares
25–50% votes

British · United Kingdom · Age 39

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

Notified 20/09/2016

Louise Read-Farrell

25–50% shares
25–50% votes

British · United Kingdom · Age 47

2 Clarke Close, Palgrave, Diss, IP22 1BE

Notified 12/05/2023

CompanyRankvs 5272+ SIC 55209 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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

-£246k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£321k

Working capital

Current Assets

£172k

Current Liabilities

£493k

Fixed Assets

£77k

Debtors

£169k

2avg. employees

Tax at Year End

VAT£3k

Director Loans

Company owes directors£151k

Balance Sheet

Assets less current liabilities-£244k
Signed by Mrs L Read-Farrell,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.35+£39k£55k
20240.41+£19k
20230.28

Derived from filed accounts. Not audited figures.