Company Overview
Norwegian Homes Leisure Limited is a Receiver Action Private Limited Company. The company was incorporated on Thursday 01 December 2005, so this is a well established company. Norwegian Homes Leisure Limited has been in business for 20 years and 4 months. The accounts status is unaudited abridged and the accounts are next due on Wednesday 30 September 2026.
Registered Address

The Design Studio, Woodmead Road, Axminster, Devon, EX13 5PQ
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Companies House Data
Company NameNORWEGIAN HOMES LEISURE LIMITED
Company Number05641937
Registered Office AddressThe Design Studio
 Woodmead Road
 EX13 5PQ
Company CategoryPrivate Limited Company
Company StatusReceiver Action
Country of OriginUnited Kingdom
Incorporation Date01/12/2005
Accounting Reference Date Day30
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date30/12/2024
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date29/12/2016
Returns Last Made Up Date01/12/2015
Previous Company NameChanged Date
NORDIC SPACES LTD.18 Aug 2020
NORWEGIAN HOMES LEISURE LIMITED17 Aug 2020
Directors & Members
Show Resigned
Raila Langhelle - Director
(Norwegian, 56 years old, born December 1970)
Appointed 09 November 2017
 Active
Secretaries
Show Resigned
Other Company Directorships
Raila Langhelle
BISCAY PROPERTIES LIMITED
KEPPEL PLACE DEVELOPMENT LTD
RAMOTH WAY DEVELOPMENT LTD
VALHALLA INVEST LIMITED
WOLF ROCK (CORNWALL) LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Dec-2024 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets 219,977 219,977 1,081,840
Current Assets 524,855 524,855 1,058,274
Creditors Due Within One Year 559,508 559,508 1,632,491
Working Cap -34,653 -34,653 -574,217
Total Assets Less Current Liabilities 185,324 185,324 507,623
Long-term Liabilities 185,323 185,323 47,377
Net Assets 1 1 555,000
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1 1 555,000
Common Size Financial Analysis Unlock full report
Accounts Date 30-Dec-2024 31-Dec-2021 31-Dec-2020
Tangible Fixed Assets - - -
Fixed Assets 29.5% 29.5% 50.6%
Stocks Inventory - - -
Debtors 11.4% 11.4% 2.4%
Cash Bank In Hand 32.2% 32.2% 1.4%
Current Assets 70.5% 70.5% 49.4%
Creditors Due Within One Year 75.1% 75.1% 76.3%
Net Current Assets Liabilities -4.7% -4.7% -26.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.0% 0.0% 25.9%
Capital Employed - - -
Total Assets Less Current Liabilities 24.9% 24.9% 23.7%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Dec-2024 31-Dec-2021 31-Dec-2020
Liquidity Ratio 0.9 0.9 0.6
Solvency Ratio 1.0 1.0 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 9
Mortgages Outstanding 5
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 30-Dec-2024 31-Dec-2021 31-Dec-2020
Assets 744,832 744,832 2,140,114
Debt 744,831 744,831 1,585,114
Net Assets/Debt 1 1 555,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. Information provided by Companies House shows Receiver Action.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. Information provided by Companies House shows Receiver Action.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. Information provided by Companies House shows Receiver Action.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around EX13 5PQ
BLETCHLEY 77 LTD
Woodmead Road, Woodmead Road, Axminster, EX13 5PQ
ACL 2020 LIMITED
The Shard, 32 London Bridge Street, London, EX13 5PQ
WOODSCOTT JOINERY LTD
THE CARPENTERS WORKSHOP, WOODMEAD ROAD, AXMINSTER, DEVON, EX13 5PQ
Document Filings
Confirmation statement made on 18 October 2025 with no updates
Notice of ceasing to act as receiver or manager
Confirmation statement made on 18 October 2024 with no updates
Registered office address changed from 16C Weycroft Avenue Millwey Rise Industrial Estate Axminster EX13 5HU England to The Design Studio Woodmead Road Axminster Devon EX13 5PQ on 3 October 2024
Appointment of receiver or manager
Confirmation statement made on 18 October 2023 with no updates
Resolutions
Registered office address changed from The Design Studio Woodmead Road Axminster Devon EX13 5PQ England to 16C Weycroft Avenue Millwey Rise Industrial Estate Axminster EX13 5HU on 23 May 2023
Confirmation statement made on 18 October 2022 with no updates
Registration of charge 056419370008, created on 27 May 2022
Registration of charge 056419370009, created on 27 May 2022
Previous accounting period shortened from 31 December 2020 to 30 December 2020
Confirmation statement made on 18 October 2021 with no updates
Satisfaction of charge 056419370005 in full
Registration of charge 056419370006, created on 8 September 2021
Registration of charge 056419370007, created on 8 September 2021
Satisfaction of charge 056419370001 in full
Satisfaction of charge 056419370002 in full
Satisfaction of charge 056419370003 in full
Confirmation statement made on 12 July 2021 with updates
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