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Heritage Commercial Finance Limited

01054019

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 THE OLD FOUNDRY, BROUGH, HU15 1NB
Incorporated 11/05/1972

Compliance

Last accounts

01/10/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 14/05/2025

Due 28/05/2026

Overdue

Industry

64910
Financial leasing

Officers

Mrs Margaret Ann Wright

director · Since 13/05/1991

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 81

Mr Mark Anthony Wright

director · Since 27/01/2004

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Mark Anthony Wright

secretary · Since 11/02/2009

MANAGER

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mrs Allison Jayne Lee

director · Since 06/04/2012

DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mrs Allison Jayne Lee

25–50% shares
25–50% votes

British · United Kingdom · Age 58

1, The Old Foundry, Brough, HU15 1NB

Notified 06/04/2016

Mrs Margaret Ann Wright

25–50% shares
25–50% votes

British · United Kingdom · Age 81

1, The Old Foundry, Brough, HU15 1NB

Notified 06/04/2016

Mr Mark Anthony Wright

25–50% shares
25–50% votes

British · England · Age 54

1, The Old Foundry, Brough, HU15 1NB

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

MARGARET ANN WRIGHT

Created 16/05/2014Registered 29/05/2014
Charge
outstanding

CANAN WRIGHT

Created 16/05/2014Registered 29/05/2014
Charge
outstanding

PETER COATES

Created 20/05/2014Registered 29/05/2014
charge
satisfied

MARGARET LILLIAN ROBINSON

Created 12/03/2007Registered 14/03/2007Satisfied 01/10/2014
charge
satisfied

ALFRED WINTER ROBINSON

Created 08/12/2006Registered 28/12/2006Satisfied 12/04/2013
charge
satisfied

MARGARET LILIAN ROBINSON

Created 08/12/2006Registered 21/12/2006Satisfied 12/04/2013
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 11/05/1992Registered 19/05/1992Satisfied 16/05/2008
charge
satisfied

LLOYDS BANK PLC

Created 28/09/1987Registered 09/10/1987Satisfied 29/05/1992

CompanyRankvs 15+ SIC 64910 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.77× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 01/10/2024

Net Worth

£9.0M

Balance sheet strength

Cash

£602k

Cash in the bank

Net Current Assets

£10.2M

Working capital

Current Assets

£15.9M

Current Liabilities

£5.7M

Fixed Assets

£758k

Debtors

£15.3M

6avg. employees

Tax at Year End(2019)

Dividends paid£465k

Balance Sheet

Assets less current liabilities£10.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.77+£86k
20232.96+£344k
20223.04+£306k
20213.23+£392k
20203.59+£497k
20192.97+£100k
20182.83

Derived from filed accounts. Not audited figures.