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Hemco Developments Limited

07624898

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

NORTON PLACE, MARKET RASEN, LN8 2AX
Incorporated 06/05/2011

Compliance

Last accounts

30/12/2025

unaudited abridged

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 02/04/2026

Due 16/04/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Adam Matthew Duguid

director · Since 02/06/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 11 other boards

Mr Thomas James Regis

director · Since 02/06/2011

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Hemswell Estates Limited

50–75% shares
50–75% votes

Norton Place, Bishop Norton, Market Rasen, LN8 2AX

Reg: 04951482 · Psc · Ltd Company

Notified 03/04/2024

Former PSCs

Mr Adam Matthew Duguid

Ceased 03/04/2024

Mr Ronald Matthew Duguid

Ceased 07/12/2021

Charges4 outstanding

Charge
outstanding

YORKSHIRE BUILDING SOCIETY (TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY)

Created 13/12/2017Registered 15/12/2017
Charge
outstanding

YORKSHIRE BUILDING SOCIETY (TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY)

Created 13/12/2017Registered 15/12/2017
charge
satisfied

HSBC BANK PLC

Created 31/10/2011Registered 04/11/2011Satisfied 14/01/2019
charge
satisfied

HSBC BANK PLC

Created 31/10/2011Registered 04/11/2011Satisfied 14/01/2019
charge
outstanding

HEMSWELL ESTATES LIMITED

Created 22/06/2011Registered 25/06/2011
charge
outstanding

THOMAS JAMES REGIS

Created 22/06/2011Registered 25/06/2011

CompanyRankvs 72271+ SIC 68209 peers
38

Financial strength93th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.36× · 2/20
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 strength23/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/12/2024

Turnover

£289k

Annual revenue

Net Worth

£888k

Balance sheet strength

Cash

£83k

Cash in the bank

Profit Before Tax

£590k

Bottom line earnings

Net Current Assets

-£187k

Working capital

Current Assets

£103k

Current Liabilities

£290k

Fixed Assets

£2.4M

Debtors

£20k

Admin Expenses

£25k

Operating Profit

£277k

Profit After Tax

£529k

0avg. employees

Tax at Year End

Corp tax£81k

Balance Sheet

Bank loans & overdrafts£10k
Interest payable£36k
Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.36+£484k
20230.19+£134k
20220.10+£149k
20210.09+£95k
20200.18+£112k
20190.06

Derived from filed accounts. Not audited figures.