Hifi Gear Limited
05928172
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Philip Mark Glazzard
British · United Kingdom · Age 60
11 King Street, Hereford, HR4 9BW
Notified 06/04/2016
Former PSCs
Mr Philip Mark Glazzard
Ceased 30/08/2022
CompanyRankvs 505+ SIC 47789 peers84
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£316k
Balance sheet strength
Cash
£252k
Cash in the bank
Net Current Assets
£301k
Working capital
Current Assets
£336k
Current Liabilities
£35k
Fixed Assets
£20k
Debtors
£13k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 9.49 | -£14k |
| 2024 | 9.72 | -£4k |
| 2023 | 5.79 | +£19k |
| 2022 | 7.61 | +£31k |
| 2021 | 3.78 | +£69k |
| 2020 | 3.12 | +£14k |
| 2019 | 5.71 | -£8k |
| 2018 | 5.08 | — |
Derived from filed accounts. Not audited figures.