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Hg Developments Limited

07889345

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

4 HUNTING GATE, HITCHIN, SG4 0TJ
Incorporated 21/12/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64303
Activities of venture and development capital companies

Officers

Mr Christopher Furniss Benham

director · Since 21/12/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 30 other boards

Mr Kevin Joseph Quinn

director · Since 21/12/2011

NONE

BRITISH · UNITED KINGDOM · Age 73

Also on 32 other boards

Mr John Daniel Rock

secretary · Since 28/10/2019

Persons with Significant Control

Mr Christopher Furniss Benham

25–50% shares

British · United Kingdom · Age 68

4, Hunting Gate, Hitchin, SG4 0TJ

Notified 06/04/2016

Mr Kevin Joseph Quinn

25–50% shares

British · United Kingdom · Age 73

4, Hunting Gate, Hitchin, SG4 0TJ

Notified 06/04/2016

Former PSCs

Mr Robert Alistair Greaves

Ceased 14/12/2022

CompanyRankvs 29+ SIC 64303 peers
84

Financial strength90th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.09× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

Longevity14/15 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 29/10/2024

Net Worth

£825k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£825k

Working capital

Current Assets

£1.6M

Current Liabilities

£760k

Debtors

£1.6M

2avg. employees

Tax at Year End(2018)

Corp tax£3k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.09-£154
202338.09-£230k
201815.89

Derived from filed accounts. Not audited figures.