Hydrocore Limited
07886050
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Hydrocore (Holdings) Limited
Craven House, Harpings Business Park, Hull, HU5 4JF
Reg: 08890455 · England And Wales · Private Company Limited By Shares
Notified 06/04/2016
CompanyRankvs 229+ SIC 28131 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the director, there are no material uncertainties related to events or conditions that may cast significant doubt about the abili
Key FinancialsYear ending 31/12/2024
Net Worth
-£2.2M
Balance sheet strength
Cash
£113k
Cash in the bank
Net Current Assets
-£80k
Working capital
Current Assets
£2.1M
Current Liabilities
£2.2M
Fixed Assets
£510k
Debtors
£1.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.96 | -£817k |
| 2023 | 1.95 | -£97k |
| 2022 | 11.68 | +£120k |
| 2021 | 4.14 | +£575k |
| 2020 | 1.60 | +£147k |
| 2019 | 1.06 | -£61k |
| 2018 | 0.96 | — |
Derived from filed accounts. Not audited figures.