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Somerset Residential Ltd

15585186

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O Getground, 1, Lyric Square, London, W6 0NB
Incorporated 22/03/2024

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/03/2026

Due 04/04/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Paul Benedict Smithson

director · Since 22/03/2024

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 61

Also on 1 other board

Getground Secretary Limited

secretary · Since 02/08/2024

Also on 10584 other boards

Paul Benedict Smithson

director · Since 22/03/2024

British · England · Age 61

Getground Secretary Limited

corporate secretary · Since 02/08/2024

Reg: 12024804

Also on 10584 other boards

Persons with Significant Control

Mr Paul Benedict Smithson

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

British · England · Age 61

C/O Getground, 1, Lyric Square, London, W6 0NB

Notified 22/03/2024

Charges1 outstanding

Charge
outstanding

LEEDS BUILDING SOCIETY

Created 19/07/2024Registered 19/07/2024

Change History

officer appointedGETGROUND SECRETARY LIMITED
2026-06-12
officer appointedSMITHSON, Paul Benedict
2026-06-12
statusactive
2026-06-12

Active

typeltd
2026-06-12

Private Limited Company

address line1C/O Getground, 1
2026-06-12

C/O GETGROUND, 1

post townLondon
2026-06-12

LONDON

CompanyRankvs 174184+ SIC 68100 peers
16

Financial strength26th percentile among SIC peers · 7/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees0/15 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.

Longevity2/15 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

-£343

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£5k

Current Liabilities

£82k

Fixed Assets

£219k

Director Loans

Company owes directors£81k

Balance Sheet

Assets less current liabilities£141k
Signed by Paul Benedict Smithson 16/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.06

Derived from filed accounts. Not audited figures.