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Neil Hudgell Limited

07078429

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

NO 2 AT THE DOCK, HULL, HU1 1TU
Incorporated 17/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Neil Michael Hudgell

director · Since 17/11/2009

SOLICITOR

BRITISH · ENGLAND · Age 60

Also on 11 other boards

Mrs Rachel Helen Di Clemente

director · Since 08/12/2023

CEO

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Hudgell Group Ltd

75–100% shares
75–100% votes
Appoint directors

No 2 At The Dock, 46 Humber Street, Hull, HU1 1TU

Reg: 13974467 · The Registrar Of Companies For England And Wales · Private Limited Company

Notified 08/12/2023

Former PSCs

Mr Neil Hudgell

Ceased 08/12/2023

Charges2 outstanding

Charge
satisfied

NEIL HUDGELL · CHRISTOPHER MOORE · VINCENT SHORE

Created 08/12/2023Registered 21/12/2023Satisfied 24/04/2026
Charge
satisfied

WHITE OAK UK (CBILS) LIMITED

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Charge
satisfied

HSBC BANK PLC

Created 12/10/2016Registered 13/10/2016Satisfied 10/12/2016
Charge
satisfied

HSBC BANK PLC

Created 05/10/2015Registered 08/10/2015Satisfied 10/12/2016
Charge
satisfied

HSBC BANK PLC

Created 08/07/2015Registered 09/07/2015Satisfied 10/12/2016
Charge
outstanding

HSBC BANK PLC

Created 09/07/2013Registered 10/07/2013
charge
outstanding

HSBC BANK PLC

Created 31/01/2013Registered 02/02/2013
charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 26/09/2012Registered 27/09/2012Satisfied 27/02/2013

CompanyRankvs 525+ SIC 69102 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.88× · 16/20
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.

Liquidity16/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£21.1M

Annual revenue

Net Worth

£3.5M

Balance sheet strength

Cash

£4.8M

Cash in the bank

Profit Before Tax

£5.6M

Bottom line earnings

Net Current Assets

£6.5M

Working capital

Current Assets

£14.0M

Current Liabilities

£7.5M

Fixed Assets

£91k

Debtors

£9.2M

Cost of Sales

£5.5M

Gross Profit

£15.6M

Admin Expenses

£10.0M

Operating Profit

£5.5M

Profit After Tax

£4.2M

163avg. employees+14

Tax at Year End

Corp tax£1.2M
Dividends paid£3.3M

People Costs

Wages & salaries£10.2M
NI contributions£1.2M

Balance Sheet

Assets less current liabilities£6.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.88+£900k
20242.33-£2.3M
20233.16+£1.1M
20222.22

Derived from filed accounts. Not audited figures.