Hugh Rice Limited
02065159
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/04/1991
JEWELLER
UNITED KINGDOM · ENGLAND · Age 68
Also on 6 other boards
director · Since 01/03/2002
JEWELLER
UNITED KINGDOM · ENGLAND · Age 48
Also on 4 other boards
director · Since 08/06/2010
RETAIL
UNITED KINGDOM · UNITED KINGDOM · Age 39
Also on 4 other boards
director · Since 27/07/2011
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 3 other boards
director · Since 27/07/2011
DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
Persons with Significant Control
Mr Mike Rice
United Kingdom · England · Age 68
Unit 5-6 St Stephens Shopping Centre, Ferensway, Hull, HU2 8LN
Notified 06/04/2016
Mr Paul John Rice
United Kingdom · England · Age 48
Unit 5-6 St Stephens Shopping Centre, Ferensway, Hull, HU2 8LN
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 1988+ SIC 47770 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 going co
Key FinancialsYear ending 31/12/2024
Turnover
£11.4M
Annual revenue
Net Worth
-£2.5M
Balance sheet strength
Cash
£2k
Cash in the bank
Profit Before Tax
£337k
Bottom line earnings
Net Current Assets
£354k
Working capital
Current Assets
£5.3M
Current Liabilities
£4.9M
Fixed Assets
£92k
Debtors
£1.4M
Cost of Sales
£7.7M
Gross Profit
£3.7M
Admin Expenses
£3.1M
Operating Profit
£625k
Profit After Tax
£293k
Tax at Year End
Director Loans
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Est. Revenue |
|---|---|---|
| 2024 | 1.07 | £7.3M |
Derived from filed accounts. Not audited figures.