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Hex Solutions Limited

06374407

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

23 VICARAGE ROAD, ESSEX, CM2 9BP
Incorporated 18/09/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Bushra Iqbal

secretary · Since 18/09/2007

BRITISH

Mr Mahmood Iqbal

director · Since 18/09/2007

SYSTEM DEVELOPMENT

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Mahmood Iqbal

Significant control

British · England · Age 61

23 Vicarage Road, Essex, CM2 9BP

Notified 18/09/2016

CompanyRankvs 1433+ SIC 62012 peers
84

Financial strength93th percentile among SIC peers · 23/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 14.09× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2025

Net Worth

£286k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£287k

Working capital

Current Assets

£309k

Current Liabilities

£22k

Fixed Assets

£224

2avg. employees

Balance Sheet

Assets less current liabilities£287k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202514.09+£0
202514.09+£21k
202414.13+£18k
202313.06—

Derived from filed accounts. Not audited figures.