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Ho'Ton Heating Limited

01175165

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

CHILTON MOOR SCHOOLS, SPRING TYNE AND WEAR, DH4 6LU
Incorporated 25/06/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Neil Arthur Drakesmith

director · Since 23/06/2005

CONTRACT MANAGER

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Neil Arthur Drakesmith

secretary · Since 04/01/2022

Also on 1 other board

Persons with Significant Control

Mr Neil Arthur Drakesmith

75–100% shares

British · United Kingdom · Age 56

Chilton Moor Schools, Spring Tyne And Wear, DH4 6LU

Notified 10/01/2022

Former PSCs

Mr Neil Arthur Drakesmith

Ceased 10/01/2022

Mr John William Drakesmith

Ceased 10/01/2022

Mr Ian George Drakesmith

Ceased 10/01/2022

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 25/04/1994Registered 09/05/1994
charge
outstanding

BARCLAYS BANK PLC

Created 12/08/1987Registered 20/08/1987

CompanyRankvs 19719+ SIC 43220 peers
43

Financial strength10th percentile among SIC peers · 3/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.81× · 6/20
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 strength3/25 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.

Liquidity6/20 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 30/03/2024

Net Worth

-£3k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£86k

Current Liabilities

£107k

Fixed Assets

£20k

Debtors

£19k

7avg. employees-1

Balance Sheet

Assets less current liabilities-£800
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.81
20230.84
20220.56-£8k
20210.71+£12k
20200.63+£14k
20190.47
20180.93
20171.89

Derived from filed accounts. Not audited figures.