HORNER HOMES LTD
Company number 06624317 · Monitor this company
Executive summary
Horner Homes Ltd is an asset-rich but cash-constrained niche property developer operating in North Lincolnshire, with £1.5M of investment property underpinning 99% of total assets. While net asset growth has been impressive—nearly doubling over a decade—82% of shareholders' funds comprise unrealised property revaluation gains, creating significant valuation dependency. The persistent net current liabilities position and cash-to-creditor ratio of just 10% represent material liquidity risk, though the absence of long-term external debt and the owner-director's aligned incentives provide structural stability. The company's niche model of property retention for rental income is viable in a rising market but offers limited resilience to regional property downturns or unexpected capital expenditure requirements.
Shareholders' funds
£1,006,896
Balance sheet as at 2025-06-30
What it does
The principal activity of the company is that of property development and rental. This is unchanged since last year.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2008-06-19
- Employees
- 1 (2025 accounts)
- Registered office
- 50 West End, Winteringham, Scunthorpe, North Lincolnshire, DN15 9NS
- Postcode
- DN15 9NS
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-06-30
- Next due by
- 2027-03-31
- Financial year end
- 30 June
Confirmation statement
- Last statement dated
- 2026-06-19
- Next due by
- 2027-07-03
Nature of business (SIC)
- 41202 Construction of domestic buildings
Officers 1 current
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 14 CLIFF ROAD, WINTERINGHAM, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 9NQ | 2015-04-14 |
Among its peers
Top 5%
by shareholders' funds, of 366 similar companies in DN
Among the oldest 25% of its local peers, trading since 2008.
No.17 of the largest construction of domestic buildings companies in Doncaster →
Competitors Doncaster
This company ranks 17 among construction of domestic buildings in Doncaster.
The class of 2008
38%
of the 1,264 companies in this sector incorporated in 2008 are still active today; 58% have since been dissolved.
A fact about the year, not a forecast for this company.
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