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Hanningfield Process Systems Limited

02791306

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

17 MILLHEAD WAY, ROCHFORD, SS4 1LB
Incorporated 18/02/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mrs Jill Ellis

secretary · Since 18/02/1993

BRITISH · UNITED KINGDOM · Age 70

Also on 3 other boards

Mr Colin Lancelot Ellis

director · Since 18/02/1993

ENGINEER

BRITISH · UNITED KINGDOM · Age 73

Also on 1 other board

Mrs Jill Ellis

director · Since 01/03/1994

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 3 other boards

Mr James Robert Atkinson Ellis

director · Since 01/03/2013

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 38

Mr Alexander Charles Atkinson Ellis

director · Since 28/10/2019

LOGISTICS MANAGER

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr James Robert Atkinson Ellis

25–50% shares

British · England · Age 38

17, Millhead Way, Rochford, SS4 1LB

Notified 23/10/2023

Mr Alexander Charles Atkinson Ellis

25–50% shares

British · England · Age 33

17, Millhead Way, Rochford, SS4 1LB

Notified 23/10/2023

Former PSCs

Mr Colin Lancelot Ellis

Ceased 13/11/2023

Charges1 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 22/07/2021Registered 27/07/2021Satisfied 28/06/2022
charge
outstanding

HSBC BANK PLC

Created 19/03/2012Registered 20/03/2012
charge
satisfied

BARCLAYS BANK PLC

Created 09/12/2003Registered 23/12/2003Satisfied 02/12/2004
charge
satisfied

BARCLAYS BANK PLC

Created 04/11/2003Registered 14/11/2003Satisfied 04/10/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/05/2002Registered 07/06/2002Satisfied 02/12/2004
charge
satisfied

BARCLAYS BANK PLC

Created 03/01/1996Registered 22/01/1996Satisfied 21/06/2003
charge
satisfied

BARCLAYS BANK PLC

Created 20/05/1993Registered 04/06/1993Satisfied 21/06/2003

CompanyRankvs 543+ SIC 28990 peers
69

Financial strength74th percentile among SIC peers · 19/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.74× · 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 strength19/25 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 31/08/2024

Net Worth

£451k

Balance sheet strength

Cash

£327k

Cash in the bank

Net Current Assets

£446k

Working capital

Current Assets

£1.1M

Current Liabilities

£606k

Fixed Assets

£495k

Debtors

£1.3M

Profit After Tax

£262k

48avg. employees+4

Tax at Year End

Dividends paid£54k

Balance Sheet

Assets less current liabilities£941k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.74+£209k
20231.37+£3k
20221.34+£6k
20212.02+£11k
20201.79+£12k
20191.22+£31k
20181.15

Derived from filed accounts. Not audited figures.