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Hercules Plc

06607001

active
Public Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

HERCULES COURT LAKESIDE BUSINESS PARK, CIRENCESTER, GL7 5XZ
Incorporated 30/05/2008

Compliance

Last accounts

30/09/2024

group

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 03/05/2026

Due 17/05/2027

On track

Industry

42110
Construction of roads and motorways
42130
Construction of bridges and tunnels
42210
Construction of utility projects for fluids
42910
Construction of water projects

Officers

Mr Brusk Kivilcim Korkmaz

director · Since 30/05/2008

ENGINEER

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Mr Paul David Wheatcroft

director · Since 02/03/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 5 other boards

Mr Paul David Wheatcroft

secretary · Since 10/05/2021

Also on 5 other boards

Mr Richard Anthony Kilner

director · Since 04/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Mr Henry John Pitman

director · Since 04/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 16 other boards

Mr Robin Stevens

director · Since 04/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 6 other boards

Mr Ahmet Iplikci

director · Since 04/02/2022

DIRECTOR

BRITISH,TURKISH · ENGLAND · Age 55

Mr Martin John Tedham

director · Since 10/09/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 9 other boards

Persons with Significant Control

Hercules Real Estate Limited

25–50% shares
25–50% votes

Hercules Court, Broadway Lane, Cirencester, GL7 5XZ

Reg: 10050043 · The Registrar Of Companies For England And Wales · Limited Company

Notified 10/02/2017

Former PSCs

Mr Brusk Kivilcim Korkmaz

Ceased 10/02/2017

Charges2 outstanding

Charge
outstanding

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Created 22/07/2021Registered 04/08/2021Satisfied 18/12/2023
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satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/01/2021Registered 02/02/2021Satisfied 29/06/2023
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satisfied

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Created 13/11/2015Registered 17/11/2015Satisfied 29/07/2020
Charge
satisfied

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Created 26/06/2015Registered 01/07/2015Satisfied 29/07/2020
Charge
satisfied

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 13/02/2014Registered 19/02/2014Satisfied 15/10/2016

CompanyRankvs 290+ SIC 42110 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.04× · 20/20
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 strength25/25 pts

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

Employees15/15 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.

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

or ∙ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Company ’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The directors are responsible for the other infor

Key FinancialsYear ending 30/09/2020

Turnover

£23.0M

Annual revenue

Net Worth

£6.9M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£5.6M

Working capital

Current Assets

£11.1M

Current Liabilities

£5.4M

Fixed Assets

£2.0M

Debtors

£8.8M

Cost of Sales

£18.6M

Gross Profit

£4.4M

Admin Expenses

£3.7M

Operating Profit

£1.1M

Profit After Tax

£1.3M

181avg. employees

Tax at Year End

VAT£2.3M

People Costs

Wages & salaries£8.4M
NI contributions£823k

Balance Sheet

Bank loans & overdrafts£345k
Assets less current liabilities£7.7M
Prepared with Caseware UK (AP4) 2019.0.227

EstimatesDerived

YearCurrent RatioEst. Revenue
20202.04£46.4M

Derived from filed accounts. Not audited figures.