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Hi-Tech Plastics Limited

04541334

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1 SETT END ROAD NORTH, BLACKBURN, BB1 2PT
Incorporated 20/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Charlie Lewis Ellis

director · Since 27/02/2026

BRITISH · ENGLAND · Age 29

Also on 8 other boards

Michael Joseph Pursey

director · Since 27/02/2026

BRITISH · ENGLAND · Age 38

Shaun Patrick James White

director · Since 27/02/2026

CANADIAN · ENGLAND · Age 40

Also on 3 other boards

Persons with Significant Control

Shaun Patrick James White

25–50% shares
25–50% votes

Canadian · England · Age 40

Unit 1 Sett End Road North, Blackburn, BB1 2PT

Notified 27/02/2026

Michael Joseph Pursey

50–75% shares
50–75% votes
Appoint directors

British · England · Age 38

Unit 1 Sett End Road North, Blackburn, BB1 2PT

Notified 27/02/2026

Former PSCs

Mr Dennis Peter Lang

Ceased 27/02/2026

Charges2 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 10/03/2026Registered 10/03/2026
Charge
outstanding

HSBC UK BANK PLC

Created 27/02/2026Registered 03/03/2026
charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 14/03/2006Registered 23/03/2006Satisfied 19/08/2020
charge
satisfied

YORKSHIRE BANK PLC

Created 12/02/2003Registered 15/02/2003Satisfied 16/10/2025

CompanyRankvs 616+ SIC 22290 peers
71

Financial strength84th percentile among SIC peers · 21/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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616Hi-Tech Plastics Limited
77
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.

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

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

Key FinancialsYear ending 31/01/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£403k

Cash in the bank

Net Current Assets

£566k

Working capital

Current Assets

£1.4M

Current Liabilities

£831k

Fixed Assets

£537k

Debtors

£799k

31avg. employees-1

Balance Sheet

Assets less current liabilities£1.1M
Signed by 2024-02-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.68+£294k
20241.32+£145k
20231.11+£203k
20220.98+£98k
20210.92+£116k
20200.84+£112k
20190.75—

Derived from filed accounts. Not audited figures.