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Higgins Group Plc

02348986

active
Public Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ONE LANGSTON ROAD, ESSEX, IG10 3SD
Incorporated 16/02/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Martin James Higgins

director · Since 31/07/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr Stephen Peter Higgins

director · Since 31/07/1991

DIRECTOR

ENGLISH · ENGLAND · Age 67

Also on 1 other board

Mr Richard Graham Higgins

director · Since 31/07/1991

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Mr Mark Kevin Francis

secretary · Since 31/07/2018

Also on 21 other boards

Mr Mark Kevin Francis

director · Since 03/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 21 other boards

Mr Declan Graham Higgins

director · Since 01/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 5 other boards

Mr William Michael Higgins

director · Since 01/05/2021

DIRECTOR

ENGLISH · ENGLAND · Age 39

Also on 8 other boards

Mr Dominic Fraser Higgins

director · Since 03/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 11 other boards

Persons with Significant Control

Mr Stephen Peter Higgins

25–50% votes

English · England · Age 67

One Langston Road, Essex, IG10 3SD

Notified 06/04/2016

Mrs Olive Higgins

50–75% shares

British · England · Age 95

One Langston Road, Essex, IG10 3SD

Notified 29/05/2025

Former PSCs

Mr Richard Graham Higgins

Ceased 06/12/2024

Mr Martin James Higgins

Ceased 06/12/2024

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 19/12/2005Registered 21/12/2005
charge
satisfied

MIDLAND BANK PLC

Created 05/11/1992Registered 12/11/1992Satisfied 23/02/1999

CompanyRankvs 116220+ SIC 70100 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the 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 going con

Key FinancialsYear ending 31/07/2022

Net Worth

-£571k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

-£2.1M

Working capital

Current Assets

£26.6M

Current Liabilities

£28.7M

Fixed Assets

£1.5M

Debtors

£26.5M

Profit After Tax

£899k

5avg. employees

Balance Sheet

Assets less current liabilities-£576k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent Ratio
20220.93

Derived from filed accounts. Not audited figures.