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Thrive Residential Limited

10583188

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

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

Details

WESTBOURNE HOUSE WESTBOURNE ROAD, NORWICH, NR12 7HT
Incorporated 25/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr John Ratledge

director · Since 25/01/2017

BARRISTER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr John Ratledge

75–100% shares
75–100% votes
Appoint directors

British · England · Age 51

Westbourne House, Westbourne Road, Norwich, NR12 7HT

Notified 25/01/2017

Charges7 outstanding

Charge
outstanding

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outstanding

PARAGON BANK PLC

Created 06/05/2025Registered 16/05/2025
Charge
outstanding

PARAGON BANK PLC

Created 22/11/2024Registered 04/12/2024
Charge
outstanding

PARAGON BANK PLC

Created 22/11/2024Registered 04/12/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 07/04/2022Registered 11/04/2022Satisfied 04/12/2024
Charge
outstanding

PARAGON BANK PLC

Created 20/01/2021Registered 05/02/2021
Charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 16/04/2019Registered 17/04/2019Satisfied 04/12/2024
Charge
outstanding

PARAGON BANK PLC

Created 24/08/2018Registered 06/09/2018
Charge
outstanding

PARAGON BANK PLC

Created 17/08/2018Registered 24/08/2018

CompanyRankvs 129929+ SIC 68100 peers
27

Financial strength14th percentile among SIC peers · 4/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 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.

Longevity9/15 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 31/01/2025

Net Worth

-£15k

Balance sheet strength

Cash

£208k

Cash in the bank

Net Current Assets

-£150k

Working capital

Current Assets

£242k

Current Liabilities

£392k

Fixed Assets

£1.2M

Debtors

£18k

0avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.62-£1k
20240.13+£101k
20230.05-£54k
20220.32

Derived from filed accounts. Not audited figures.