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Halco Products Ltd

04566926

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

CENTENARY HOUSE PENINSULA PARK, EXETER, EX2 7XE
Incorporated 18/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Jonathan Simon Martin

director · Since 24/03/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Mr James Martin

director · Since 01/04/2005

DIRECTOR

UNITED KINGDOM · UNITED KINGDOM · Age 83

Also on 9 other boards

Mrs Clare Nickson

secretary · Since 24/10/2019

Also on 1 other board

Mrs Clare Nickson

director · Since 09/12/2024

CHIEF OPERATIONS OFFICER

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Persons with Significant Control

Lbh Group Ltd

75–100% shares
75–100% votes
Appoint directors

Centenary House, Peninsula Park, Exeter, EX2 7XE

Reg: 12697000 · Companies House England And Wales · Private Limited Company

Notified 01/04/2021

Lbh Group Limited

75–100% shares

Centenary House, Rydon Lane, Exeter, EX2 7XE

Reg: 12697000 · The Registrar Of England And Wales · Private Limited Company

Notified 01/04/2021

Former PSCs

Mr Jonathan Martin

Ceased 01/04/2021

Mr James Martin

Ceased 01/04/2021

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 11/01/2024Registered 15/01/2024
Charge
outstanding

HSBC UK BANK PLC

Created 07/01/2019Registered 08/01/2019
Charge
satisfied

HSBC UK BANK PLC

Created 07/01/2019Registered 08/01/2019Satisfied 24/02/2026
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 27/03/2014Registered 27/03/2014Satisfied 24/08/2018
charge
satisfied

HSBC BANK PLC

Created 31/12/2010Registered 05/01/2011Satisfied 24/08/2018
charge
satisfied

HSBC BANK PLC

Created 21/04/2005Registered 30/04/2005Satisfied 24/08/2018

CompanyRankvs 3680+ SIC 46900 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£6.8M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£6.7M

Working capital

Current Assets

£7.5M

Current Liabilities

£870k

Fixed Assets

£163k

Debtors

£4.9M

13avg. employees+3

Balance Sheet

Assets less current liabilities£6.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20258.66+£1.5M
20249.15+£1.3M
202310.50+£1.1M
20224.56+£951k
20213.33+£991k
20201.51

Derived from filed accounts. Not audited figures.