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Hi Tec Steel Solutions Ltd

06825537

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

3 THE VANGUARDS, VANGUARD WAY, SOUTHEND-ON-SEA, SS3 9QJ
Incorporated 20/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Marcus Alexander Mursell

director · Since 20/02/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 9 other boards

Persons with Significant Control

Mr Marcus Alexander Mursell

75–100% shares

British · United Kingdom · Age 56

3, The Vanguards, Vanguard Way, Southend-On-Sea, SS3 9QJ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 09/10/2017Registered 19/10/2017

CompanyRankvs 2515+ SIC 25110 peers
37

Financial strength3th percentile among SIC peers · 1/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

-£72k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£85k

Working capital

Current Assets

£144k

Current Liabilities

£230k

Fixed Assets

£22k

Debtors

£117k

5avg. employees+5

Balance Sheet

Assets less current liabilities-£63k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.63-£256k
20240.40+£368k
20230.40
20221.06
20211.48

Derived from filed accounts. Not audited figures.