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Hydras It Limited

07393241

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

ACORA HOUSE, BURGESS HILL, RH15 9TN
Incorporated 30/09/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Stephen Christopher Wilding

director · Since 30/09/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mr David Lewis Hemmings

director · Since 31/03/2025

DIRECTOR

BRITISH · WALES · Age 58

Also on 1 other board

Mr Gary John Page

director · Since 31/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 16 other boards

Mr David Robert Rabson

director · Since 31/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 13 other boards

Persons with Significant Control

Acora Limited

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

Acora House, Albert Drive, Burgess Hill, RH15 9TN

Reg: 02348923 · Companies House · Limited Company

Notified 31/03/2025

Former PSCs

Mr Stephen Wilding

Ceased 31/03/2025

Mrs Suzanne Mary Wilding

Ceased 31/03/2025

CompanyRankvs 10410+ SIC 62020 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.79× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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 30/09/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.0M

Current Liabilities

£538k

Fixed Assets

£18k

Debtors

£893k

5avg. employees

Tax at Year End

Corp tax£200k

Balance Sheet

Assets less current liabilities£1.5M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20243.79+£474k
20232.86+£252k
20223.23+£461k
20212.86+£150k
20207.01+£31k
20195.81+£32k
20185.34

Derived from filed accounts. Not audited figures.