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Russ'S Homes Limited

13057533

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

OFFICE 1.01, LONDON, W1C 2PE
Incorporated 02/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Russell Schwarze

director · Since 14/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 13 other boards

Persons with Significant Control

Mr Russell Schwarze

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

British · England · Age 51

116 Duke Street, Liverpool, L1 5JW

Notified 14/12/2020

Former PSCs

Mrs Jane Marie Schwarze

Ceased 14/12/2020

Charges2 outstanding

Charge
outstanding

VELOCITY BRIDGING LIMITED

Created 12/12/2024Registered 24/12/2024
Charge
outstanding

VELOCITY BRIDGING LIMITED

Created 12/12/2024Registered 24/12/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 01/06/2021Registered 07/06/2021Satisfied 19/05/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 01/06/2021Registered 07/06/2021Satisfied 19/05/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 21/01/2021Registered 27/01/2021Satisfied 19/05/2026
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 21/01/2021Registered 22/01/2021Satisfied 19/05/2026

CompanyRankvs 51531+ SIC 41202 peers
26

Financial strength3th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.13× · 12/20
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 strength1/25 pts

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

Employees2/15 pts

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

Liquidity12/20 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 29/12/2023

Net Worth

-£107k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£112k

Working capital

Current Assets

£952k

Current Liabilities

£840k

Fixed Assets

£264k

0avg. employees

Balance Sheet

Assets less current liabilities£376k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20231.13-£89k
20221.07-£23k
20211.11

Derived from filed accounts. Not audited figures.