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Hitchin Bid Limited

06921652

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

11 BANCROFT, HITCHIN, SG5 1JQ
Incorporated 02/06/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mr Michael William Norgan

director · Since 17/09/2014

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Andrew David Pearce

director · Since 26/09/2017

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr Mark Wilson Shields

director · Since 27/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Mr Mark Andrew Shadbolt

director · Since 10/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 5 other boards

Mrs Charlotte Marie Mccrossin

director · Since 23/06/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Former PSCs

Mr Simon Kirbyshire

Ceased 08/06/2017

Mr Michael William Norgan

Ceased 08/06/2017

Mr Peter Richard Hawkins

Ceased 27/09/2017

Mr Stephen Vincent Pike

Ceased 27/09/2017

CompanyRankvs 4040+ SIC 94990 peers
85

Financial strength84th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.81× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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404Hitchin Bid Limited
85
How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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 31/03/2025

Net Worth

£97k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£83k

Working capital

Current Assets

£128k

Current Liabilities

£46k

Fixed Assets

£14k

11avg. employees+1

Balance Sheet

Assets less current liabilities£97k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.81+£4k
20246.07-£4k
20232.26-£67k
202212.28+£15k
202112.90+£126k
20201.43+£39k
20190.46—

Derived from filed accounts. Not audited figures.