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Helford Atlantic Limited

04568905

active
Private Limited Company
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

UNIT 1 DUDNANCE LANE, REDRUTH, TR15 3QT
Incorporated 21/10/2002

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/10/2025

Due 04/11/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Michael James Hough

secretary · Since 21/10/2002

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Mr Michael James Hough

director · Since 09/11/2022

FINANCIER

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Persons with Significant Control

Ms Chloe Katrina French

50–75% shares

British · England · Age 64

Unit 1, Dudnance Lane, Redruth, TR15 3QT

Notified 06/04/2016

Mr Michael James Hough

25–50% shares

British · England · Age 65

Unit 1, Dudnance Lane, Redruth, TR15 3QT

Notified 03/02/2021

Charges4 outstanding

Charge
outstanding

RELENDEX SECURITY TRUSTEES LIMITED

Created 28/01/2026Registered 29/01/2026
Charge
outstanding

RELENDEX SECURITY TRUSTEES LIMITED

Created 28/01/2026Registered 29/01/2026
Charge
outstanding

THE FUTUREBRICKS SECURITY TRUSTEE LIMITED

Created 20/12/2022Registered 10/01/2023
Charge
outstanding

THE FUTUREBRICKS SECURITY TRUSTEE LIMITED

Created 20/12/2022Registered 10/01/2023
charge
satisfied

HSBC PRIVATE BANK (UK) LIMITED

Created 19/04/2005Registered 26/04/2005Satisfied 17/02/2011
charge
satisfied

HSBC PRIVATE BANK (UK) LIMITED

Created 19/04/2005Registered 22/04/2005Satisfied 28/04/2020
charge
satisfied

HSBC PRIVATE BANK (UK) LIMITED

Created 31/03/2005Registered 06/04/2005Satisfied 19/09/2012
charge
satisfied

HSBC PRIVATE BANK (UK) LIMITED

Created 24/03/2005Registered 31/03/2005Satisfied 10/03/2016

CompanyRankvs 57878+ SIC 68100 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 6.62× · 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 strength0/25 pts

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

Employees0/15 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 31/12/2024

Net Worth

-£553k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.2M

Current Liabilities

£325k

Debtors

£34k

Director Loans

Company owes directors£323k

Balance Sheet

Assets less current liabilities£1.8M
Signed by Ms Chloe French 29/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.62-£118k
20232.44-£25k
20221.17

Derived from filed accounts. Not audited figures.