Honey Brothers Limited
06298752
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/10/2022
FINANCE
AMERICAN · UNITED STATES · Age 34
Also on 2 other boards
director · Since 18/10/2022
INVESTOR
AMERICAN · UNITED STATES · Age 57
Also on 1 other board
director · Since 08/11/2023
DIRECTOR
AMERICAN · UNITED STATES · Age 59
Also on 2 other boards
secretary · Since 19/02/2024
director · Since 24/04/2025
GROUP MANAGING DIRECTOR/ COMPANY DIRECTO
BRITISH · ENGLAND · Age 47
Also on 1 other board
Persons with Significant Control
Vsguk Limited
King Arthurs Court, Maidstone Road, Ashford, TN27 0JS
Reg: 14293486 · Companies House · Limited By Shares
Notified 31/12/2023
Former PSCs
Md & Sg Holdings Limited
Ceased 31/12/2023
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
RBS INVOICE FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 403+ SIC 82990 peers80
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 going co
Key FinancialsYear ending 31/12/2023
Turnover
£13.1M
Annual revenue
Net Worth
£3.3M
Balance sheet strength
Cash
£499k
Cash in the bank
Profit Before Tax
£374k
Bottom line earnings
Net Current Assets
£3.1M
Working capital
Current Assets
£4.0M
Current Liabilities
£977k
Fixed Assets
£343k
Debtors
£1.5M
Cost of Sales
£9.7M
Gross Profit
£3.4M
Admin Expenses
£3.0M
Operating Profit
£373k
Profit After Tax
£392k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 4.14 | +£392k |
| 2022 | 2.78 | -£125k |
| 2022 | 1.98 | +£178k |
| 2021 | 1.84 | +£877k |
| 2020 | 1.78 | +£293k |
| 2019 | 1.73 | — |
Derived from filed accounts. Not audited figures.