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Hirst Magnetic Instruments Limited

01564814

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

TESLA HOUSE, FALMOUTH, TR11 4SN
Incorporated 29/05/1981

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

27900
Manufacture of other electrical equipment

Officers

Dr Marek Tadeusz Victor Scibor-Rylski

director · Since 01/01/2009

MENTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 5 other boards

Mr Robin Nathan Cornelius

director · Since 13/04/2015

ENGINEER

BRITISH · ENGLAND · Age 48

Mr James Stuart Mckenzie

director · Since 16/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr John Dudding

Ceased 11/05/2021

Dr Robert George Aldous

Ceased 13/12/2022

Charges3 outstanding

Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 23/04/2019Registered 01/05/2019
Charge
satisfied

PARK WALMER PROPERTIES LIMITED

Created 16/12/2014Registered 17/12/2014Satisfied 01/09/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 17/02/2011Registered 23/02/2011Satisfied 13/07/2011
charge
satisfied

LLOYDS TSB BANK PLC

Created 17/02/2011Registered 19/02/2011Satisfied 13/07/2011
charge
outstanding

BANK OF SCOTLAND PLC

Created 02/05/2008Registered 15/05/2008
charge
satisfied

PARK WALMER PROPERTIES LIMITED

Created 31/10/2006Registered 14/11/2006Satisfied 17/12/2014
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 13/01/2003Registered 25/01/2003
charge
satisfied

MIDLAND BANK PLC

Created 22/12/1995Registered 29/12/1995Satisfied 18/10/2003
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/11/1986Registered 18/11/1986Satisfied 11/05/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/08/1986Registered 19/08/1986Satisfied 11/05/1998
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 06/05/1986Registered 09/05/1986Satisfied 18/10/2003
charge
satisfied

BARCLAYS BANK PLC

Created 08/07/1981Registered 13/07/1981

CompanyRankvs 387+ SIC 27900 peers
71

Financial strength85th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.55× · 16/20
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 strength21/25 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.

Liquidity16/20 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 30/06/2025

Net Worth

£961k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£203k

Working capital

Current Assets

£569k

Current Liabilities

£366k

Fixed Assets

£1.0M

Debtors

£359k

25avg. employees-1

Tax at Year End

Corp tax-£15

Balance Sheet

Intangible assets£985k
Bank loans & overdrafts£219k
Assets less current liabilities£1.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.55+£61k
20241.46+£122k
20231.77+£242k
20221.47-£325k
20212.20

Derived from filed accounts. Not audited figures.