ILG (NORWICH) LIMITED

Executive Summary

ILG (Norwich) Limited operates as a micro-entity in the UK building development sector, currently demonstrating financial constraints with negative net assets and limited liquidity, positioning it as a niche small-scale player. The company faces typical sector challenges such as rising costs and financing difficulties but may benefit from ongoing housing demand if it can stabilize its financial footing. Overall, ILG (Norwich) Limited is positioned below industry benchmarks with notable vulnerabilities, reliant on parent company support and strategic adjustments to improve competitiveness.

ILG (NORWICH) LIMITED - Analysis Report

Company Number: 13661977

Analysis Date: 2025-07-20 18:35 UTC

1. Industry Classification
   ILG (Norwich) Limited operates in the "Development of building projects" sector, classified under SIC code 41100. This sector primarily involves the acquisition of land and construction of residential, commercial, or industrial buildings for sale or lease. Key characteristics include high capital intensity, cyclical demand linked to economic conditions, reliance on regulatory approvals, and sensitivity to interest rates and construction costs.

2. Relative Performance
   As a micro-entity, ILG (Norwich) Limited’s financials show continued net current liabilities of £2,386 as of the 2024 year-end, with shareholders’ funds also negative at the same amount. The company’s current assets have drastically fallen from £126 in prior years to just £5, indicating a significant liquidity squeeze. The balance sheet suggests ongoing funding challenges and limited working capital compared to typical peers in the building development sector, where even small developers generally maintain positive net assets to secure project financing. The company’s turnover and profit data are not available, but given the micro classification and minimal assets, it likely operates on a very small scale relative to industry averages.

3. Sector Trends Impact
   The UK building development sector has recently faced headwinds including rising material costs, labour shortages, and tighter lending conditions following macroeconomic uncertainties and increased interest rates. There is also increasing regulatory scrutiny around sustainability and planning. These factors pressure margins and cash flow for small developers like ILG (Norwich) Limited. However, demand for housing remains structurally supported by supply shortages, presenting potential opportunities if the company can secure funding and navigate regulatory complexities effectively.

4. Competitive Positioning
   ILG (Norwich) Limited appears to be a niche or micro player within the building development industry, given its micro-entity status and constrained financial position. Unlike larger or medium-sized developers who can leverage scale, diversified project portfolios, and stronger balance sheets to mitigate risks, this company’s negative net assets and low liquidity position it at a competitive disadvantage. Its ability to compete likely depends heavily on relationships with financiers or parent group backing (notably Inside Land Group Limited holding 75-100% ownership). The company’s recent rebrand and name changes suggest possible strategic repositioning or restructuring attempts. Its small workforce (average 4 employees) and limited resources indicate a focused, possibly localised development approach rather than broad market coverage.