NORWEGIAN HOMES LIMITED
Company number 04597500 · Monitor this company
Executive summary
Norwegian Homes Limited was a chronically undercapitalised micro-entity operating in the UK domestic construction sector, a market segment characterised by high failure rates and fragile cash flows. The company's balance sheet exhibited technical insolvency for the majority of the past decade, with net assets only briefly reaching marginal positive territory during 2019-2022 before collapsing to net liabilities of £313,050 by March 2024. The combination of adverse sector conditions — material cost inflation, rising interest rates, and cooling housing demand — proved fatal for a business with no equity buffer and total dependency on creditor funding. The company's entry into liquidation represents the predictable outcome of structural financial weakness meeting a deteriorating macroeconomic environment.
Shareholders' funds
£313,050
Balance sheet as at 2024-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2002-11-21
- Registered office
- 10 St. Helens Road, Swansea, SA1 4AW
- Postcode
- SA1 4AW
- Capital
- 1 GBP
- Accounts category
- Micro
- Charges
- 4 outstanding
Accounts
- Last made up to
- 2024-03-31
- Next due by
- 2025-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2024-11-21
- Next due by
- 2025-12-05
Nature of business (SIC)
- 41202 Construction of domestic buildings
Officers 1 current · 6 resigned
Previous registered addresses 5
| Address | Changed on |
|---|---|
| UNIT 1D CLIGGA HEAD INDUSTRIAL, ESTATE ST GEORGE'S HILL, PERRANPORTH, CORNWALL, TR6 0EB | 2018-03-05 |
| C/O SG ACCOUNTANCY LTD, TREBYAN BUSINESS PARK, LANHYDROCK, BODMIN, CORNWALL PL30 5AE | 2007-07-12 |
| C/O RALPH BROAD ASSOCIATES, HIGHER TREBYAN, LANHYDROCK, BODMIN, CORNWALL PL30 5AE | 2007-02-15 |
| C/O RALPH BROAD ASSOCIATES, HIGHER TREBYAN, LANHYDROCK, BODMIN, CORNWALL PL30 5AE | 2006-06-23 |
| EDGCUMBE HOUSE, FORE STREET, LOSTWITHIEL, CORNWALL, PL22 0BL | 2006-06-23 |
The class of 2002
49%
of the 1,044 companies in this sector incorporated in 2002 are still active today; 47% have since been dissolved.
A fact about the year, not a forecast for this company.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.