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Niglon Limited

00891753

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1, HIGHLANDS PARK STIRLING ROAD, SOLIHULL, B90 4NE
Incorporated 11/11/1966

Compliance

Last accounts

30/04/2025

group

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

46520
Wholesale of electronic and telecommunications equipment and parts
46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Jake Hinley

director · Since 08/02/2020

British

Oliver Max Hinley

director · Since 14/02/2012

British

Sophie Joanne Hinley

director · Since 22/01/2022

British

Former

Janet Elizabeth Hinley

secretary · Resigned 17/09/2024

Allison Bernadette Hinley

director · Resigned 17/09/2024

Janet Elizabeth Hinley

director · Resigned 17/09/2024

John Grahame Hinley

director · Resigned 07/07/2016

Simon Brett Hinley

director · Resigned 17/09/2024

Jeremy Wilson

director · Resigned 29/04/2019

CompanyRankvs 105+ SIC 46520 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Liquidity20/20 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

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 30/04/2025

Net Worth

£15.2M

Balance sheet strength

Cash

£3.6M

Cash in the bank

Net Current Assets

£12.1M

Working capital

Current Assets

£15.3M

Current Liabilities

£3.2M

Fixed Assets

£5.0M

Debtors

£5.9M

Profit After Tax

£532k

45avg. employees

Tax at Year End

Corp tax£108k
Dividends paid£50k

Balance Sheet

Intangible assets£5k
Bank loans & overdrafts£286k
Assets less current liabilities£17.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.78-£2.5M
20246.28

Derived from filed accounts. Not audited figures.