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Norse Properties Limited

14783945

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

C/O PROPERTY ACCOUNTS LIMITED, READING, RG1 7SN
Incorporated 06/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Adam Trevor Law

director · Since 06/04/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Persons with Significant Control

Miss Kirsty Hobson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

C/O Property Accounts Limited, 59 Castle Street, Reading, RG1 7SN

Notified 06/04/2023

Mr Adam Trevor Law

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 42

C/O Property Accounts Limited, 59 Castle Street, Reading, RG1 7SN

Notified 06/04/2023

Charges2 outstanding

Charge
outstanding

PARATUS AMC LIMITED

Created 28/11/2024Registered 12/12/2024
Charge
outstanding

PARAGON BANK PLC

Created 06/02/2024Registered 23/02/2024
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 14/07/2023Registered 14/07/2023Satisfied 21/02/2024

CompanyRankvs 245841+ SIC 68209 peers
21

Financial strength8th percentile among SIC peers · 2/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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245841Norse Properties Limited
31
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.

Employees9/15 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.

Longevity3/15 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 30/04/2025

Net Worth

-£28k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£22k

Current Liabilities

£82k

Fixed Assets

£90k

Debtors

£1k

1avg. employees

Director Loans

Company owes directors£80k

Balance Sheet

Assets less current liabilities£31k
Signed by Mr Adam Law 14/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.27-£23k
20240.16—

Derived from filed accounts. Not audited figures.