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Hylec - Apl Limited

01526036

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)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

5 EVERITT CLOSE, WELLINGBOROUGH, NN8 2QE
Incorporated 03/11/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Paul Tobias Cinnamon

director · Since 02/08/2010

CONSULTANT

BRITISH · ENGLAND · Age 66

Also on 4 other boards

Mr Surrinder Duggal

director · Since 06/05/2014

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 8 other boards

Mr Michael Lloyd Crowther

director · Since 22/08/2023

SALES AND MARKETING DIRECTOR

BRITISH · ENGLAND · Age 45

Mr Andrew Hatter

director · Since 24/06/2024

NON EXECUTIVE DIRECTOR

BRITISH · SWITZERLAND · Age 72

Persons with Significant Control

Mr Andrew Hatter

Significant control

British · Switzerland · Age 72

5, Everitt Close, Wellingborough, NN8 2QE

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 28/03/2011Registered 29/03/2011
charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 02/08/2010Registered 06/08/2010
charge
satisfied

BARCLAYS BANK PLC

Created 13/05/2004Registered 25/05/2004Satisfied 06/08/2010
charge
satisfied

BARCLAYS BANK PLC

Created 20/05/1988Registered 27/05/1988Satisfied 06/08/2010
charge
satisfied

BARCLAYS BANK PLC

Created 01/07/1987Registered 10/07/1987Satisfied 06/08/2010

CompanyRankvs 60+ SIC 46520 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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60Hylec - Apl Limited
88
How is this score calculated?
Financial strength24/25 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 31/07/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£406k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.9M

Current Liabilities

£701k

Fixed Assets

£207k

Debtors

£1.2M

19avg. employees-1

Tax at Year End(2023)

Corp tax£37k

Balance Sheet

Intangible assets£51k
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.74+£9k
20232.22+£23k
20222.30+£39k
20212.26—

Derived from filed accounts. Not audited figures.