Handsfree Group Ltd
05519584
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 03/08/2005
DIRECTOR
AMERICAN · UNITED KINGDOM · Age 55
Also on 1 other board
Persons with Significant Control
Mr Scott Cassell
American · England · Age 55
6 Lumsdale Road, Cobra Court, Manchester, M32 0UT
Notified 06/04/2016
Former PSCs
Mr Matthew Johnson
Ceased 07/05/2026
Charges1 outstanding
ULTIMATE FINANCE LTD
NPIF NW DEBT LP ACTING BY NORTH WEST LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF NW DE
NATIONAL WESTMINSTER BANK PLC
RBS INVOICE FINANCE LIMITED
CompanyRankvs 19359+ SIC 62020 peers50
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£176k
Balance sheet strength
Cash
£240k
Cash in the bank
Profit Before Tax
-£100k
Bottom line earnings
Net Current Assets
£596k
Working capital
Current Assets
£3.2M
Current Liabilities
£2.7M
Fixed Assets
£1.9M
Debtors
£2.9M
Cost of Sales
£7.6M
Admin Expenses
£4.5M
Profit After Tax
-£118k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.22 | -£742k |
| 2023 | 1.34 | -£182k |
| 2021 | 1.07 | +£412k |
| 2018 | 1.32 | — |
Derived from filed accounts. Not audited figures.