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Helitune Limited

03979088

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BERAN INSTRUMENTS, TORRINGTON, EX38 7HP
Incorporated 25/04/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Andres Lobato

director · Since 28/04/2000

ENGINEER

BRITISH · ENGLAND · Age 71

Also on 7 other boards

Mr Gareth Maurice Lee-Richards

director · Since 28/04/2000

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 80

Also on 45 other boards

Rachel Jane Allen

secretary · Since 23/05/2003

BRITISH

Also on 2 other boards

Mrs Rachel Jane Allen

director · Since 27/01/2014

ACCOUNTANT

BRITISH · ENGLAND · Age 50

Also on 5 other boards

Mr Douglas Robert Graham

director · Since 12/07/2018

NONE

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Mr Paul Anthony Knight

director · Since 20/06/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 7 other boards

Mr Nigel Lloyd Irvine

director · Since 06/03/2026

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Persons with Significant Control

Condition Monitoring Technology Group Limited

75–100% shares

Hatchmoor Industrial Estate, Hatchmoor Industrial Estate, Torrington, EX38 7HP

Reg: 05794029 · England And Wales · Limited Company

Notified 25/04/2016

Charges1 outstanding

Charge
satisfied

SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH OF ITS GROUP MEMBERS

Created 02/08/2013Registered 09/08/2013Satisfied 08/10/2018
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH OF ITS GROUP MEMBERS

Created 02/08/2013Registered 09/08/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/09/2011Registered 03/09/2011Satisfied 20/08/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/08/2010Registered 25/08/2010Satisfied 30/08/2013
charge
satisfied

BARCLAYS BANK PLC

Created 22/05/2008Registered 31/05/2008Satisfied 24/08/2010
charge
satisfied

BARCLAYS BANK PLC

Created 19/03/2001Registered 29/03/2001Satisfied 24/08/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/08/2000Registered 13/09/2000Satisfied 12/04/2001
charge
satisfied

ULTRA ELECTRONICS LIMITED

Created 23/06/2000Registered 29/06/2000Satisfied 27/01/2006

CompanyRankvs 82+ SIC 27900 peers
68

Financial strength93th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.76× · 20/20
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 strength23/25 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.

Liquidity20/20 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

have also concluded that there are no material uncertainties related to events or conditions that, individually or collectively, may cast significant doubt on the company’s ability to continue as a going concern. The directors have reviewed the Company’s current stock holdings, working environment and future trading ability, and as a result, have concluded that the Company’s financial position and

Key FinancialsYear ending 31/12/2023

Net Worth

£2.3M

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

£3.1M

Working capital

Current Assets

£4.8M

Current Liabilities

£1.8M

Fixed Assets

£128k

Debtors

£210k

48avg. employees+8

Balance Sheet

Intangible assets£28k
Bank loans & overdrafts£300k
Assets less current liabilities£3.2M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20232.76+£361k
20222.81-£318k
20212.13+£218k
20202.00+£477k
20193.38

Derived from filed accounts. Not audited figures.