Back to search

Hanover Displays Limited

01876684

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

SOUTHERHAM HOUSE, LEWES, BN8 6JN
Incorporated 11/01/1985

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/08/2025

Due 15/08/2026

On track

Industry

27900
Manufacture of other electrical equipment

Officers

Mr David Gavin Williams

director · Since 01/08/1991

DIRECTOR

BRITISH · ENGLAND · Age 84

Mr Steven Alexander Colquhoun

director · Since 22/09/2009

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Andrew James Williams

director · Since 22/09/2009

DIRECTOR

BRITISH · ENGLAND · Age 57

Mr David Anthony Williams

director · Since 14/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Craig William Stewart

director · Since 14/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Sean Anthony Winter

director · Since 28/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Craig William Stewart

secretary · Since 21/12/2022

Also on 1 other board

Persons with Significant Control

Mr David Gavin Williams

75–100% shares
75–100% votes

British · England · Age 84

Southerham House, Southerham Lane, Lewes, BN8 6JN

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 30/11/1992Registered 10/12/1992Satisfied 14/01/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/01/1988Registered 27/01/1988Satisfied 14/01/2005

CompanyRankvs 15+ SIC 27900 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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 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

Key FinancialsYear ending 31/12/2024

Net Worth

£71.6M

Balance sheet strength

Cash

£19.1M

Cash in the bank

Net Current Assets

£52.6M

Working capital

Current Assets

£65.1M

Current Liabilities

£12.5M

Fixed Assets

£12.5M

Debtors

£16.4M

Cost of Sales

£30.8M

Admin Expenses

£30.5M

Profit After Tax

£12.2M

206avg. employees+17

Tax at Year End

Corp tax£1.5M
Dividends paid-£721k

People Costs

Wages & salaries£19.3M

Balance Sheet

Intangible assets£1k
Bank loans & overdrafts£6k
Assets less current liabilities£65.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.22+£21.8M
20237.57+£3.4M
20227.60+£2.4M
20219.22+£6.6M
20205.68

Derived from filed accounts. Not audited figures.