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Hi Spec Solutions Limited

08587006

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

7 STAMFORD SQUARE, ASHTON-UNDER-LYNE, OL6 6QU
Incorporated 27/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43910
Roofing activities

Officers

Mr Dean Ratchford

director · Since 27/06/2013

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 8 other boards

Mrs Susan Ratchford

director · Since 27/06/2013

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 5 other boards

Persons with Significant Control

Mr Dean Ratchford

25–50% shares

British · England · Age 62

7, Stamford Square, Ashton-Under-Lyne, OL6 6QU

Notified 26/06/2017

CompanyRankvs 1542+ SIC 43910 peers
74

Financial strength99th percentile among SIC peers · 25/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 4.74× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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1542Hi Spec Solutions Limited
73
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.

Employees1/15 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.

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.

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

£1.7M

Balance sheet strength

Cash

£959k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.2M

Current Liabilities

£458k

Fixed Assets

£39k

Debtors

£1.2M

0avg. employees-6

Tax at Year End

Corp tax£299k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.74+£654k
20244.40+£426k
20234.42+£181k
20222.67+£259k
20212.58-£71k
20202.57+£2k
20193.27—

Derived from filed accounts. Not audited figures.