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Hearing Electronics Limited

02869722

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)
  • Negative net worth (-10)

Details

HEARING ELECTRONICS LIMITED, HORSHAM, RH12 1SL
Incorporated 08/11/1993

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

86900
Other human health activities

Officers

Mr Jonathan Peter Ormerod

director · Since 08/11/1995

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 5 other boards

Persons with Significant Control

Mr Jonathan Peter Ormerod

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 63

Hearing Electronics Limited, 22 Worthing Road, Horsham, RH12 1SL

Notified 08/11/2016

Former PSCs

Mrs Julie Anne Ormerod

Ceased 01/10/2024

CompanyRankvs 40958+ SIC 86900 peers
44

Financial strength2th percentile among SIC peers · 1/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£89k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£20k

Current Liabilities

£103k

Fixed Assets

£1k

Debtors

£10k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£81k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20-£103k
20231.74+£4k
20221.76+£2k
20211.76-£16k
20201.54-£14k
20191.86+£22k
20181.57

Derived from filed accounts. Not audited figures.