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Hycon Technologies Limited

04240799

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OWENS COTTAGE, SPALDING, PE11 3JX
Incorporated 25/06/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77341
77341
82990
Other business support service activities

Officers

Sarah Jane Scott

secretary · Since 25/06/2001

BRITISH

Also on 1 other board

David Michael Scott

director · Since 25/06/2001

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 66

Sarah Jane Scott

director · Since 26/02/2023

NONE

BRITISH · ENGLAND · Age 62

Also on 1 other board

Persons with Significant Control

David Michael Scott

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

British · England · Age 66

Owens Cottage, North Drove Bank, Spalding, PE11 3JX

Notified 06/04/2016

Sarah Jane Scott

25–50% shares
25–50% votes

British · England · Age 62

Owens Cottage, North Drove Bank, Spalding, PE11 3JX

Notified 06/02/2023

CompanyRankvs 214+ SIC 77341 peers
37

Financial strength11th percentile among SIC peers · 3/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/06/2026

Net Worth

-£82k

Balance sheet strength

Cash

£41

Cash in the bank

Net Current Assets

-£82k

Working capital

Current Assets

£2k

Current Liabilities

£84k

Debtors

£2k

0avg. employees

Tax at Year End(2024)

VAT£767

Director Loans(2024)

Company owes directors£73k

Balance Sheet

Assets less current liabilities-£82k

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20260.02-£5k—
20250.05-£11k—
20240.12-£11k£15k
20230.12——

Derived from filed accounts. Not audited figures.