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M.J. Hickey Plant Hire & Contracts Limited

04890756

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 7 outstanding charges (-10)

Details

LINTON INDUSTRIAL ESTATE, LINTON, NORTHUMBERLAND, NE61 5SD
Incorporated 08/09/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43120
Site preparation
77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Jacqueline Hickey

secretary · Since 08/09/2003

BRITISH

Also on 1 other board

Mr Thomas Anthony Hickey

director · Since 08/09/2003

CONTRACTOR

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Mr Michael Proud

director · Since 15/02/2023

CONTRACTS MANAGER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Thomas Anthony Hickey

50–75% shares
50–75% votes

British · England · Age 61

Unit 1, Linton Industrial Estate, Morpeth, NE61 5SD

Notified 01/06/2016

Mrs Jacqueline Hickey

25–50% shares
25–50% votes

British · England · Age 64

Unit 1, Linton Industrial Estate, Morpeth, NE61 5SD

Notified 01/06/2016

Charges7 outstanding

Charge
outstanding

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GLASS RECYCLING (UK) LIMITED

Created 04/09/2024Registered 10/09/2024
Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 28/06/2024Registered 01/07/2024
Charge
outstanding

GLASS RECYCLING (UK) LIMITED

Created 04/02/2021Registered 22/02/2021
Charge
satisfied

DASH COMMERICAL FINANCE LTD

Created 10/08/2015Registered 28/08/2015Satisfied 26/07/2018
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 12/04/2011Registered 13/04/2011Satisfied 30/04/2024
charge
outstanding

BARCLAYS BANK PLC

Created 24/06/2010Registered 02/07/2010
charge
satisfied

BARCLAYS BANK PLC

Created 16/02/2005Registered 26/02/2005Satisfied 06/05/2026
charge
outstanding

BARCLAYS BANK PLC

Created 10/12/2003Registered 19/12/2003

CompanyRankvs 578+ SIC 43120 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees15/15 pts

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

Liquidity6/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 2 in the consolidated financial statements, which - in the Going Concern section - indicates that the company and group exhibited net current liability position

Key FinancialsYear ending 31/05/2024

Net Worth

£13.1M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

-£3.3M

Working capital

Current Assets

£4.1M

Current Liabilities

£7.4M

Fixed Assets

£34.7M

Debtors

£2.7M

Profit After Tax

£5.0M

110avg. employees+23

Tax at Year End(2023)

Corp tax£68k
Dividends paid£213k

Director Loans

Directors owe company£144k

People Costs(2021)

Wages & salaries£4.2M

Balance Sheet

Bank loans & overdrafts£77k
Assets less current liabilities£31.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55+£5.5M
20230.55+£3.8M
20220.72+£551k
20211.27-£511k
20200.60

Derived from filed accounts. Not audited figures.