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Somersby Homes Limited

12106746

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

TURNOR ARMS MARKET PLACE, MARKET RASEN, LN8 5QU
Incorporated 16/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Matthew James Cherry

secretary · Since 16/07/2019

Mr Hugh Christopher Bourn

director · Since 16/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mr James George Christopher Bourn

director · Since 16/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 1 other board

Persons with Significant Control

Mr James George Christopher Bourn

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

British · England · Age 29

Turnor Arms, Market Place, Market Rasen, LN8 5QU

Notified 16/07/2019

Former PSCs

Mrs Sally Elizabeth Bourn

Ceased 22/11/2020

CompanyRankvs 4452+ SIC 41100 peers
80

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.96× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£146k

Cash in the bank

Net Current Assets

£3.3M

Working capital

Current Assets

£5.0M

Current Liabilities

£1.7M

Fixed Assets

£1.4M

Debtors

£48k

Profit After Tax

£450k

5avg. employees

Tax at Year End

Corp tax£121k

Director Loans(2023)

Company owes directors£1.1M

Balance Sheet

Bank loans & overdrafts£1.0M
Assets less current liabilities£4.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.96+£450k
20243.08+£398k
20232.90
20223.20
202113.77
20201.00

Derived from filed accounts. Not audited figures.