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H & K Corporation (Essex) Ltd

08493974

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUBWAY, CHELMSFORD, CM2 0SW
Incorporated 18/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Harkirat Singh

director · Since 18/04/2013

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 52

Also on 7 other boards

Persons with Significant Control

Mr Harkirat Singh

75–100% shares

British · United Kingdom · Age 52

Subway, 12 New London Road, Chelmsford, CM2 0SW

Notified 19/07/2021

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 23/04/2018Registered 01/05/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/06/2013Registered 14/06/2013Satisfied 03/12/2020

CompanyRankvs 13175+ SIC 56102 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity13/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£167k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£199k

Working capital

Current Assets

£177k

Current Liabilities

£375k

Fixed Assets

£50k

8avg. employees-1

Balance Sheet

Assets less current liabilities-£149k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47-£40k
20240.54-£35k
20230.59-£31k
20220.68+£28k
20210.68+£9k
20200.53+£790
20190.51

Derived from filed accounts. Not audited figures.