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Hoddesdon Distribution Limited

03311138

in administration
Private Limited Company
england wales
Companies House
3 outstanding charges
Insolvency history
Health Score
N/A

Details

KROLL ADVISORY LTD THE SHARD, LONDON, SE1 9SG
Incorporated 31/01/1997

Compliance

Last accounts

31/10/2022

small

Next accounts due

31/07/2024

Overdue

Confirmation statement

Last: 18/05/2023

Due 01/06/2024

Overdue

Industry

49410
Freight transport by road

Officers

Mr Mark Jason Birchall

director · Since 04/02/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Mr Mark Ogilvie Strachan

director · Since 04/02/2022

DIRECTOR

SOUTH AFRICAN · UNITED KINGDOM · Age 46

Also on 4 other boards

Persons with Significant Control

Opulentia Spv 4 Limited

75–100% shares
75–100% votes
Appoint directors

Charles Lake House, Claire Causeway, Dartford, DA2 6QA

Reg: 13740930 · Companies House England And Wales · Limited Company

Notified 04/02/2022

Former PSCs

Mr Giuseppe Mantio

Ceased 04/02/2022

Opulentia Spv4 Ltd

Ceased 10/02/2022

Charges3 outstanding

A registered charge
outstanding

Cynergy Business Finance Limited

As a continuing security for the payment and discharge of the secured obligations, the client with full title guarantee charges to cynergy by way of first legal mortgage, the chattels.

Created 11/01/2024Registered 11/01/2024
A registered charge
outstanding

Giuseppe Mantio and Sharon Mary Mantio

Created 04/02/2022Registered 23/02/2022
A registered charge
outstanding

Cynergy Business Finance Limited

3. charging provisions. 3.1 you grant us with full title guarantee security over all your assets. In our favour you:. 3.1.1 charge by way of first legal mortgage each property specified in schedule 1;. 3.1.3 charge by way of a fixed charge:. 3.1.3.2 (to the extent that they are not the subject of a mortgage under clause 3.1.1 above) all other present and future property owned by you or in which you have an interest;. 3.1.3.10 all existing and future rights and interests owned by you or arising from any present or future agreements in relation to the following:. (A) patents and patent applications, trademarks and trademark applications (and all goodwill associated with them);. (B) brand and trade names;. (C) copyrights and rights in the nature of copyright or registered designs, applications for registered designs and inventions; and. (D) trade secrets and know-how and all other intellectual property rights and interests whether registered or unregistered (together, “intellectual property”).

Created 03/02/2022Registered 04/02/2022
Debenture
fully satisfied

Barclays Bank PLC

.. fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 20/03/1997Registered 26/03/1997Satisfied 07/10/2016

Insolvency History1 case

in administration

Benjamin John Wiles (practitioner) · Philip Joseph Dakin (practitioner)

CompanyRankvs 15+ SIC 49410 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.97× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/10/2022

Net Worth

£2.7M

Balance sheet strength

Cash

£179k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£4.7M

Current Liabilities

£2.4M

Fixed Assets

£436k

Debtors

£4.5M

4avg. employees+2

Balance Sheet

Intangible assets£59k
Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.97+£63k
20216.60+£220k
20204.68+£217k
20193.83+£172k
20183.59

Derived from filed accounts. Not audited figures.