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J Hare Diamond Drilling (Hitchin) Limited

03818274

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
66 / 100

Some Concerns

30/30
Filing
20/30
Financial
16/40
Risk
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

5-7 WALLACE WAY, HITCHIN, SG4 0SE
Incorporated 02/08/1999

Compliance

Last accounts

29/06/2025

total exemption full

Next accounts due

29/03/2027

On track

Confirmation statement

Last: 02/08/2025

Due 16/08/2026

On track

Industry

42210
Construction of utility projects for fluids

Officers

Mr Jeremy Hare

director · Since 02/08/1999

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 1 other board

Ms Cheryl Louise Hare

secretary · Since 19/08/2002

BRITISH · UNITED KINGDOM · Age 69

Also on 1 other board

Mr Joshua Charles Jack Hare

director · Since 04/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Persons with Significant Control

Mr Jeremy Hare

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 74

61 West Street, Lilley, LU2 8LH

Notified 06/04/2016

Ms Cheryl Louise Hare

25–50% shares
25–50% votes

British · United Kingdom · Age 69

11 Elderberry Drive, St Ippolytts, Hitchin, SG4 7SR

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 07/01/2025Registered 15/01/2025
Charge
satisfied

REWARD FINANCE GROUP LIMITED

Created 28/11/2023Registered 05/12/2023Satisfied 10/01/2025
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 14/03/2014Registered 21/03/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 06/02/2013Registered 21/02/2013Satisfied 15/06/2023
charge
satisfied

HSBC BANK PLC

Created 05/01/2012Registered 10/01/2012Satisfied 29/09/2023
charge
satisfied

HSBC BANK PLC

Created 28/07/2003Registered 02/08/2003Satisfied 07/03/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/10/2000Registered 27/10/2000Satisfied 27/10/2005

Insolvency History1 case

corporate voluntary arrangement

Geoffrey Stuart Kinlan (practitioner)

CompanyRankvs 127+ SIC 42210 peers
58

Financial strength71th percentile among SIC peers · 18/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.57× · 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 strength18/25 pts

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

Employees14/15 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 29/06/2025

Net Worth

£115k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£273k

Working capital

Current Assets

£749k

Current Liabilities

£476k

Fixed Assets

£252k

Debtors

£661k

Profit After Tax

-£33k

30avg. employees-4

Balance Sheet

Bank loans & overdrafts£333k
Assets less current liabilities£525k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.57-£33k
20241.03+£247k
20230.80-£133k
20210.96+£33k
20200.97-£58k
20190.87+£3k
20180.86

Derived from filed accounts. Not audited figures.