Back to search

Basic Thinking Limited

03231869

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNITS 3 & 4, WIGSTON, LE18 2FL
Incorporated 31/07/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14190
Manufacture of other wearing apparel and accessories

Officers

Mr Kieran Gary Hickey

director · Since 31/07/1996

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Persons with Significant Control

Mr Kieran Gary Hickey

25–50% shares

British · United Kingdom · Age 61

Units 3 & 4, Chartwell Drive, Wigston, LE18 2FL

Notified 06/04/2016

Mr Sherif Moursi

25–50% shares

Egyptian · Egypt · Age 59

Units 3 & 4, Chartwell Drive, Wigston, LE18 2FL

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 30/01/2026Registered 04/02/2026
Charge
outstanding

INVESTEC CAPITAL SOLUTIONS LIMITED

Created 29/11/2022Registered 05/12/2022
Charge
satisfied

SECURE TRUST BANK PLC

Created 05/09/2019Registered 10/09/2019Satisfied 14/08/2025
Charge
satisfied

HSBC BANK PLC

Created 17/02/2014Registered 19/02/2014Satisfied 14/08/2025
Charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 11/02/2014Registered 13/02/2014Satisfied 18/11/2021
Charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 11/02/2014Registered 13/02/2014Satisfied 18/11/2021
Charge
satisfied

HSBC BANK PLC

Created 15/01/2014Registered 17/01/2014Satisfied 14/08/2025
Charge
satisfied

HSBC BANK PLC

Created 15/01/2014Registered 17/01/2014Satisfied 14/08/2025
charge
satisfied

THE BASIC THINKING LTD SSAS RETIREMENT BENEFITS SCHEME

Created 25/05/2011Registered 01/06/2011Satisfied 07/05/2019
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 16/02/2010Registered 23/02/2010Satisfied 26/11/2014
charge
satisfied

SUNTRUST LIMITED,KIERAN GARY HICKEY,JANE HICKEY AND AMANDA OPENSHAW AS THE MANAGING TRUSTEE OFT

Created 30/08/2002Registered 03/09/2002Satisfied 26/11/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/08/2002Registered 03/09/2002Satisfied 26/11/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/08/2001Registered 25/08/2001Satisfied 26/11/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/05/2000Registered 15/05/2000Satisfied 26/11/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/01/2000Registered 18/01/2000Satisfied 26/11/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/09/1999Registered 16/09/1999Satisfied 16/02/2000
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/08/1999Registered 03/09/1999Satisfied 26/11/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/03/1999Registered 31/03/1999Satisfied 26/11/2014
charge
satisfied

GRIFFIN FACTORS LIMITED

Created 20/09/1996Registered 25/09/1996Satisfied 15/09/2001
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/08/1996Registered 09/09/1996Satisfied 26/11/2014

CompanyRankvs 189+ SIC 14190 peers
71

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Failsworth Hats Limited
90
2J.Barbour & Sons,Limited
90
3Derek Rose Limited
90
4A. W. Bent Limited
90
5Ioma Clothing Company Limited
90
6Respirex International Limited
90
7Shepherd And Woodward Limited
90
8G.H.Stafford & Son Limited
90
9Adjustoform Products Limited
90
10D.H.J. Weisters Limited
90
189Basic Thinking Limited
81
How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 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 31/12/2024

Net Worth

£640k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£559k

Working capital

Current Assets

£3.0M

Current Liabilities

£2.4M

Fixed Assets

£447k

Debtors

£2.3M

32avg. employees-3

Tax at Year End(2018)

Corp tax-£119k
Dividends paid£461k

People Costs(2018)

Wages & salaries£1.0M
NI contributions£102k

Balance Sheet

Bank loans & overdrafts£155k
Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.23-£174k
20231.30-£401k
20221.49+£62k
20211.58-£219k
20201.32+£899k
20191.16-£805k
20181.53—

Derived from filed accounts. Not audited figures.