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Hi-Lex Act Wales Ltd

03771890

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

MITSUI COMPONENTS EUROPE LTD CLOS FFERWS, AMMANFORD, SA18 3BL
Incorporated 17/05/1999

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/02/2026

Due 18/02/2027

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Mark Haydn Richard Davies

director · Since 15/06/2012

MANAGING DIRECTOR

WELSH · WALES · Age 61

Mr Mark Haydn Davies

secretary · Since 14/02/2024

Mr Hiroshi Igata

director · Since 31/03/2026

JAPANESE · JAPAN · Age 66

Mr Hiroo Tsukayama

director · Since 01/04/2026

JAPANESE · FRANCE · Age 47

Persons with Significant Control

Hi-Lex Act Corporation

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

Yokohama Mitsui Building, 29th Floor, Yokohama-Shi, 220 0011

Reg: 0000000 · Japan · Limited Company

Notified 06/04/2016

Former PSCs

Mr Mark Haydn Richard Davies

Ceased 06/04/2016

CompanyRankvs 134+ SIC 29320 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.92× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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134Hi-Lex Act Wales Ltd
82
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.

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

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 31/03/2022

Turnover

£22.9M

Annual revenue

Net Worth

£9.1M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

£617k

Bottom line earnings

Net Current Assets

£6.0M

Working capital

Current Assets

£12.6M

Current Liabilities

£6.5M

Fixed Assets

£4.0M

Debtors

£4.0M

Cost of Sales

£20.1M

Gross Profit

£2.8M

Admin Expenses

£2.2M

Profit After Tax

£405k

77avg. employees-5

Tax at Year End

Dividends paid£1.1M

People Costs

Wages & salaries£1.9M

Balance Sheet

Assets less current liabilities£10.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20221.92-£55k
20211.76-£201k
20201.78—

Derived from filed accounts. Not audited figures.