{"name":"MITCHELL HOMES LIMITED","company_number":"04330739","status":"Active","type":"Private Limited Company","incorporated":"2001-11-28","dissolved":null,"registered_office":"Newport House, Newport Road, Stafford, England, ST16 1DA","postcode":"ST16 1DA","sic_codes":[{"code":68100,"description":"Buying and selling of own real estate"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2024-06-30","next_due":"2026-12-31"},"employees":{"count":4,"accounts_date":"2024-06-30"},"financials":[{"financial_date":"2024-06-30","net_assets":800306,"cash":16179,"average_employees":4},{"financial_date":"2023-12-31","net_assets":843983,"cash":105038,"average_employees":4},{"financial_date":"2022-12-31","net_assets":929226,"cash":456688},{"financial_date":"2021-12-31","net_assets":836801,"cash":502431},{"financial_date":"2020-12-31","net_assets":431662,"cash":35727}],"officers":{"current":4,"resigned":5,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Mitchell Homes Limited presents a conditional credit case: a well-capitalised, 23-year-old family housebuilder with £800k of accumulated equity, strong net current assets, and a proven record of repaying project debt, but critically low cash of £16k, declining retained earnings, and no filed profit information due to audit-exempt filleted accounts. Approval should be conditional on management accounts, disclosure of the £393k long-term debt position, stock valuation support, and personal guarantees from the Mitchell family. The central credit question is whether the £850k property stock converts to cash on schedule — until then, the borrower is asset-rich but liquidity-poor.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/mitchell-homes","people":"https://www.companiesintheuk.co.uk/company/mitchell-homes/people","filing_history":"https://www.companiesintheuk.co.uk/company/mitchell-homes/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04330739","financials":"https://www.companiesintheuk.co.uk/company/mitchell-homes/financial","control":"https://www.companiesintheuk.co.uk/company/mitchell-homes/control","charges":"https://www.companiesintheuk.co.uk/company/mitchell-homes/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/mitchell-homes/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/mitchell-homes"}