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Higgins Partnerships 1961 Plc

00684617

active
Public Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

ONE LANGSTON ROAD, ESSEX, IG10 3SD
Incorporated 27/02/1961

Compliance

Last accounts

31/07/2025

full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 04/02/2026

Due 18/02/2027

On track

Industry

41100
Development of building projects

Officers

Mr Stephen John Leakey

director · Since 01/07/2007

CONSTRUCTION

ENGLISH · ENGLAND · Age 57

Also on 1 other board

Mr Stephen Bailess

director · Since 01/08/2010

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 57

Mr Mark Kevin Francis

secretary · Since 17/09/2013

Also on 21 other boards

Mr Sean David Robinson

director · Since 01/08/2014

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Mr Declan Graham Higgins

director · Since 01/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 34

Mr Mark Kevin Francis

director · Since 03/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 21 other boards

Mr Yaseen Parkar

director · Since 01/08/2019

TECHNICAL SERVICES DIRECTOR

BRITISH · ENGLAND · Age 57

Mr William Michael Higgins

director · Since 01/08/2020

DIRECTOR

ENGLISH · ENGLAND · Age 39

Also on 8 other boards

Mr Dominic Fraser Higgins

director · Since 09/08/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 11 other boards

Persons with Significant Control

Higgins Group Plc

75–100% shares

One, Langston Road, Loughton, IG10 3SD

Notified 06/04/2016

Charges4 outstanding

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outstanding

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CompanyRankvs 2337+ SIC 41100 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/07/2024

Net Worth

£29.2M

Balance sheet strength

Cash

£7.0M

Cash in the bank

Profit Before Tax

£9.1M

Bottom line earnings

Net Current Assets

£8.9M

Working capital

Current Assets

£100.5M

Current Liabilities

£91.6M

Fixed Assets

£35.2M

Debtors

£86.7M

Cost of Sales

£169.1M

Gross Profit

£9.1M

Admin Expenses

£3.3M

Operating Profit

£7.4M

Profit After Tax

£9.2M

301avg. employees-27

People Costs

Wages & salaries£20.0M
NI contributions£2.3M

Balance Sheet

Bank loans & overdrafts£7.0M
Assets less current liabilities£44.1M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10+£9.2M
20230.97

Derived from filed accounts. Not audited figures.