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Hartshire Limited

05300059

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

MYO PICCADILLY, LONDON, W1F 7BL
Incorporated 30/11/2004

Compliance

Last accounts

29/12/2024

full

Next accounts due

23/09/2026

On track

Confirmation statement

Last: 05/05/2026

Due 19/05/2027

On track

Industry

82990
Other business support service activities

Officers

Mr Duncan Murray Reid

director · Since 30/11/2004

BRITISH · UNITED KINGDOM · Age 67

Also on 491 other boards

Sarah Cruickshank

secretary · Since 11/10/2006

OTHER

Also on 320 other boards

Persons with Significant Control

Freeshire Limited

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

Myo Picadilly, 1 Sherwood Street, London, W1F 7BL

Reg: 03573626 · Companies House · Limited By Shares

Notified 01/01/2017

Charges4 outstanding

charge
outstanding

PATRICK MCKENNA

Created 26/03/2009Registered 03/04/2009
charge
outstanding

PATRICK ANTHONY MCKENNA

Created 19/01/2009Registered 22/01/2009
charge
outstanding

PATRICK MCKENNA

Created 23/09/2008Registered 26/09/2008
charge
outstanding

HSBC PRIVATE BANK (UK) LIMITED

Created 23/02/2007Registered 01/03/2007
charge
satisfied

HSBC PRIVATE BANK (UK) LIMITED

Created 31/03/2006Registered 05/04/2006Satisfied 05/04/2007
charge
satisfied

HSBC PRIVATE BANK (UK) LIMITED

Created 04/01/2006Registered 25/01/2006Satisfied 05/04/2007
charge
satisfied

HSBC PRIVATE BANK (UK) LIMITED

Created 15/03/2005Registered 18/03/2005Satisfied 05/04/2007

CompanyRankvs 1728530+ SIC 82990 peers
14

Financial strength0th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.38× · 2/20
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 strength0/25 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.

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

director intends to continue operating its business and have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The going concern basis of accounting is appropriate however there are material uncertainties related to events or conditions that may cast significant doubt upon the Company’s ability to continue to adopt

Key FinancialsYear ending 29/12/2024

Net Worth

-£30.8M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£1.9M

Bottom line earnings

Net Current Assets

-£30.7M

Working capital

Current Assets

£18.7M

Current Liabilities

£49.4M

Debtors

£18.7M

Admin Expenses

£1.9M

Operating Profit

-£1.9M

Profit After Tax

-£2.0M

0avg. employees

Tax at Year End

Corp tax£1.4M

Balance Sheet

Assets less current liabilities-£30.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38+£0
20240.38-£2.0M
20230.42-£876k
20210.43-£1.2M
20200.46

Derived from filed accounts. Not audited figures.