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Rural Homes Norfolk & Suffolk Ltd

11358884

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

FIR GROVE HETHEL ROAD, NORWICH, NR16 1BE
Incorporated 14/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Martin Peter Ware

secretary · Since 14/05/2018

Also on 2 other boards

Mrs Emily Ann Ware

director · Since 14/05/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 2 other boards

Mr Martin Peter Ware

director · Since 14/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Martin Peter Ware

25–50% shares
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 49

Tumbrel Barn, Norwich Road, Long Stratton, NR15 2PY

Notified 14/05/2018

Mrs Emily Ann Ware

25–50% shares
25–50% votes

British · United Kingdom · Age 39

Tumbrel Barn, Norwich Road, Long Stratton, NR15 2PY

Notified 14/05/2018

Former PSCs

Mr Nicky Thrower

Ceased 16/04/2024

Mr Steve Elvin

Ceased 16/04/2024

Charges5 outstanding

Charge
outstanding

MS LENDING SPV 3 LIMITED

Created 24/11/2025Registered 26/11/2025
Charge
outstanding

OCTANE PROPERTY FINANCE LIMITED

Created 06/08/2024Registered 07/08/2024
Charge
outstanding

OCTANE PROPERTY FINANCE LIMITED

Created 06/08/2024Registered 07/08/2024
Charge
outstanding

MAGNET CAPITAL LIMITED

Created 02/09/2022Registered 05/09/2022
Charge
outstanding

MAGNET CAPITAL LIMITED

Created 02/09/2022Registered 05/09/2022

CompanyRankvs 68305+ SIC 41100 peers
22

Financial strength1th percentile among SIC peers · 0/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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68305Rural Homes Norfolk & Suffolk Ltd
32
How is this score calculated?
Financial strength0/25 pts

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

Employees7/15 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.

Longevity8/15 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 31/05/2024

Net Worth

-£1.7M

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£2.6M

Working capital

Current Assets

£36k

Current Liabilities

£2.6M

Fixed Assets

£830k

Debtors

£14k

1avg. employees

Balance Sheet

Assets less current liabilities-£1.7M
Signed by Mr Martin Ware 19/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£1.0M
20230.04—

Derived from filed accounts. Not audited figures.