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Hugh Rice (Whitefriargate) Limited

05914868

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 5-6 ST STEPHENS SHOPPING CENTRE, HULL, HU2 8LN
Incorporated 23/08/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Michael Rice

director · Since 23/08/2006

JEWELLER

UNITED KINGDOM · ENGLAND · Age 68

Also on 6 other boards

Mr Paul John Rice

director · Since 23/08/2006

JEWELLER

UNITED KINGDOM · ENGLAND · Age 48

Also on 4 other boards

Mr James Peter Rice

director · Since 08/06/2010

RETAIL

UNITED KINGDOM · UNITED KINGDOM · Age 39

Also on 4 other boards

Persons with Significant Control

Hugh Rice Holdings Limited

75–100% shares

1 Silvester Square, Silvester Street, Hull, HU1 3HA

Reg: 09521268 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 16/07/2015Registered 16/07/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/11/2006Registered 22/11/2006Satisfied 22/05/2019

CompanyRankvs 2227+ SIC 47770 peers
34

Financial strength46th percentile among SIC peers · 12/25
Employees83th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
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 strength12/25 pts

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

Employees12/15 pts

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

Liquidity0/20 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

operating model and therefore not renewing the company's lease. The company therefore ceased to trade in prior years and the financial statements have been prepared on a basis other than that of going concern. This basis includes, where applicable, writing the company's assets down to net realisable value. No material uncertainty is raised in relation to the company being able to meet its fin

Key FinancialsYear ending 31/12/2024

Net Worth

£657

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

4avg. employees
Prepared with IRIS Accounts Production