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Nead Housing Limited

12851719

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

20 HAZEL GROVE, HEREFORD, HR2 7JX
Incorporated 02/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Nicholas Preece

director · Since 02/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

Nicholas Preece

25–50% shares
25–50% votes

British · United Kingdom · Age 51

20, Hazel Grove, Hereford, HR2 7JX

Notified 02/09/2020

Former PSCs

Mr Lyn Douglas Preece

Ceased 09/09/2024

Charges6 outstanding

Charge
outstanding

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outstanding

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PARATUS AMC LIMITED

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SPF BRIDGING LTD

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satisfied

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CompanyRankvs 116475+ SIC 68209 peers
41

Financial strength62th percentile among SIC peers · 16/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees12/15 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.

Longevity6/15 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 31/05/2025

Net Worth

£15k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£325k

Working capital

Current Assets

£11k

Current Liabilities

£336k

Fixed Assets

£709k

Debtors

£6k

2avg. employees

Balance Sheet

Bank loans & overdrafts£369k
Assets less current liabilities£384k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£0
20250.03-£3k
20230.02
20220.05

Derived from filed accounts. Not audited figures.