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Hanover Communications International Limited

03559699

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

RIVERSIDE HOUSE, LONDON, SE1 9HA
Incorporated 07/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Jean-Pierre Vasseur

director · Since 29/03/2019

DIRECTOR

CANADIAN · CANADA · Age 67

Also on 5 other boards

Mr Gavin Richard Megaw

director · Since 31/05/2024

MANAGING PARTNER

BRITISH,IRISH · ENGLAND · Age 49

Also on 4 other boards

Persons with Significant Control

Hanover Communications International (Holding) Limited

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

Riverside House, 2a Southwark Bridge Road, London, SE1 9HA

Reg: 04037857 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BANK OF MONTREAL

Created 10/02/2022Registered 11/02/2022
Charge
outstanding

BANK OF MONTREAL

Created 03/05/2019Registered 14/05/2019
charge
outstanding

ALECTA PENSIONSFORSAKRING, OMSESIDIGIT

Created 29/09/2011Registered 04/10/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/07/2006Registered 21/07/2006Satisfied 05/03/2019
charge
satisfied

A & C BLACK PLC

Created 26/11/2003Registered 13/12/2003Satisfied 11/10/2013
charge
satisfied

LANDWORTH PROPERTIES LIMITED

Created 04/07/2001Registered 14/07/2001Satisfied 11/10/2013

CompanyRankvs 2354+ SIC 74909 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.39× · 12/20
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 strength25/25 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 concern are d

Key FinancialsYear ending 31/12/2022

Turnover

£18.7M

Annual revenue

Net Worth

£3.3M

Balance sheet strength

Cash

£894k

Cash in the bank

Profit Before Tax

£4.6M

Bottom line earnings

Net Current Assets

£3.4M

Working capital

Current Assets

£12.1M

Current Liabilities

£8.7M

Fixed Assets

£101k

Debtors

£11.2M

Cost of Sales

£1.5M

Gross Profit

£17.1M

Admin Expenses

£13.1M

Operating Profit

£4.6M

Profit After Tax

£3.8M

137avg. employees+17

Tax at Year End

Corp tax£97k
Dividends paid£5.1M

People Costs

Wages & salaries£7.7M
NI contributions£735k

Balance Sheet

Assets less current liabilities£3.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.39-£1.3M
20211.67-£2.0M
20202.35-£3.2M
20194.27

Derived from filed accounts. Not audited figures.