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Hadstone Technology Ltd

04182976

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)

Details

9 CEDAR CLOSE, CRAMLINGTON, NE23 8GQ
Incorporated 20/03/2001

Previously known as

Md Logistics Limited · until 06/07/2026

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/04/2026

Due 10/05/2027

On track

Industry

62090
Other information technology service activities

Officers

Mr Mark George Downer

director · Since 11/04/2001

IT

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Persons with Significant Control

Mr Mark George Downer

75–100% shares

British · United Kingdom · Age 54

9, Cedar Close, Cramlington, NE23 8GQ

Notified 16/03/2017

CompanyRankvs 2466+ SIC 62090 peers
82

Financial strength83th percentile among SIC peers · 21/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2466Hadstone Technology Ltd
82
How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£62k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£65k

Current Liabilities

£10k

Fixed Assets

£7k

2avg. employees

Balance Sheet

Assets less current liabilities£62k
Signed by Mr Mark Downer 15/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.46-£20k
20244.03-£27k
20238.20—

Derived from filed accounts. Not audited figures.