Hid Corporation Limited
03568985
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 05/05/2025
Due 19/05/2026
Industry
Officers
secretary · Since 31/10/2016
director · Since 17/01/2020
CHIEF EXECUTIVE
SWEDISH · SWEDEN · Age 45
Also on 1 other board
director · Since 12/10/2022
BUSINESS EXECTIVE
AMERICAN,BRITISH · UNITED STATES · Age 57
Also on 1 other board
Persons with Significant Control
Assa Abloy Ab
90, Klarabergsviadukten, Stockholm, 10723
Reg: 556059-3575 · Stockholm · Ab - Public Limited Liability Company
Notified 06/04/2016
CompanyRankvs 431+ SIC 27900 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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
£110.6M
Annual revenue
Net Worth
£250k
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£5.5M
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£35.8M
Current Liabilities
£30.8M
Debtors
£18.3M
Cost of Sales
£72.9M
Gross Profit
£37.7M
Admin Expenses
£42.6M
Operating Profit
£2.8M
Profit After Tax
£6.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.16 | +£0 |
| 2021 | 1.11 | +£0 |
| 2020 | 0.80 | +£0 |
| 2018 | 1.87 | — |
Derived from filed accounts. Not audited figures.