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Witley Homes (Portway) Limited

13127475

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1 BERROW GREEN ROAD, MARTLEY, WR6 6PQ
Incorporated 12/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Lee Frost

director · Since 12/01/2021

BUILDER

BRITISH · ENGLAND · Age 41

Mr Lakhvinder Singh Khera

director · Since 12/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 10 other boards

Persons with Significant Control

Mr Lakhvinder Singh Khera

Significant control

British · England · Age 51

Unit 1 Berrow Green Road, Berrow Green, Martley, WR6 6PQ

Notified 30/09/2021

Mr Lee Frost

Significant control

British · England · Age 41

Unit 1 Berrow Green Road, Berrow Green, Martley, WR6 6PQ

Notified 30/09/2021

Former PSCs

3s Developments

Ceased 30/09/2021

Charges2 outstanding

Charge
outstanding

I&F SECURITIES LIMITED

Created 11/08/2023Registered 11/08/2023
Charge
outstanding

I&F SECURITIES LIMITED

Created 11/08/2023Registered 11/08/2023
Charge
satisfied

I&F SECURITIES LIMITED

Created 24/05/2021Registered 03/06/2021Satisfied 30/11/2022
Charge
satisfied

I&F SECURITIES LIMITED

Created 24/05/2021Registered 02/06/2021Satisfied 30/11/2022

CompanyRankvs 47286+ SIC 41100 peers
34

Financial strength8th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.76× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees2/15 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.

Longevity5/15 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 31/03/2025

Net Worth

-£63k

Balance sheet strength

Cash

£206

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£3.5M

Current Liabilities

£1.3M

Debtors

£3k

Profit After Tax

£67k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.76-£38k
20241.99+£67k
20230.92-£36k
20222.89

Derived from filed accounts. Not audited figures.