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Hutchins Guitars Ltd

06974411

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

PALMEIRA AVENUE MANSIONS, HOVE, BN3 2FA
Incorporated 28/07/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47591
Retail sale of musical instruments and scores

Officers

Gary Derek Hutchins

secretary · Since 01/12/2009

BRITISH

Mr Gary Derek Hutchins

director · Since 01/03/2010

SALES

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Persons with Significant Control

Mr Gary Derek Hutchins

50–75% shares
50–75% votes
Appoint directors

British · England · Age 66

Palmeira Avenue Mansions, 19 Church Road, Hove, BN3 2FA

Notified 06/04/2016

CompanyRankvs 491+ SIC 47591 peers
39

Financial strength14th percentile among SIC peers · 4/25
Employees33th percentile among SIC peers · 5/15
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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491Hutchins Guitars Ltd
39
How is this score calculated?
Financial strength4/25 pts

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

Employees5/15 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 31/07/2025

Net Worth

-£11k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

—

Current Liabilities

£11k

1avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£146k
202430.05+£46k
202321.88—

Derived from filed accounts. Not audited figures.