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Hanover Search Group Ltd

06954517

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

IVECO HOUSE, WATFORD, WD17 1ET
Incorporated 07/07/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr James David Emmett

director · Since 07/07/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 35 other boards

Mr Paul Michael Groarke

director · Since 01/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mr Mehmed Kortach

director · Since 01/08/2015

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 62

Also on 3 other boards

Mr Stephen Robin Phipps

director · Since 01/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Mr James Ridd

director · Since 24/10/2016

EXECUTIVE SEARCH DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr James David Emmett

50–75% shares

British · United Kingdom · Age 63

Iveco House, Station Road, Watford, WD17 1ET

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH GROUP MEMBER

Created 24/09/2014Registered 26/09/2014Satisfied 02/07/2024
Charge
satisfied

PATRICK FIELD

Created 16/04/2014Registered 06/05/2014Satisfied 25/07/2019
Charge
satisfied

PATRICK FIELD

Created 16/04/2014Registered 02/05/2014Satisfied 25/07/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/05/2012Registered 24/05/2012Satisfied 12/09/2014

CompanyRankvs 12870+ SIC 78109 peers
44

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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12870Hanover Search Group Ltd
44
How is this score calculated?
Financial strength0/25 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.

Liquidity0/20 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 31/12/2024

Net Worth

-£486k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£416k

Fixed Assets

£4k

Debtors

£430k

29avg. employees-10

Tax at Year End(2023)

Corp tax£3k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024—-£169k
20231.22-£641k
20221.11+£153k
20210.99-£51k
20201.27-£237k
20191.23+£148k
20181.31—

Derived from filed accounts. Not audited figures.