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Norfolk External Rendering Ltd

12215625

active
Private Limited Company
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

41 PRIORY LANE, KING'S LYNN, PE30 3PT
Incorporated 19/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43310
Plastering

Officers

Mr Zachary Massingham

director · Since 19/09/2019

PLASTERER

ENGLISH · ENGLAND · Age 27

Persons with Significant Control

Mr Zachary Massingham

75–100% shares

English · England · Age 27

41, Priory Lane, King's Lynn, PE30 3PT

Notified 19/09/2019

CompanyRankvs 5277+ SIC 43310 peers
33

Financial strength9th percentile among SIC peers · 2/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 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.

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.

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 director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's

Key FinancialsYear ending 30/09/2025

Net Worth

-£6k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£557

Working capital

Current Assets

£58k

Current Liabilities

£59k

Fixed Assets

£22k

Debtors

£47k

4avg. employees

Balance Sheet

Assets less current liabilities£21k
Signed by Mr Z Massingham,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.99+£16k
20240.64-£15k
20231.55+£3k
20221.44
20211.50
20201.90

Derived from filed accounts. Not audited figures.