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Hexislab Limited

08769142

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE BIOSPHERE DRAYMANS WAY, NEWCASTLE UPON TYNE, NE4 5BX
Incorporated 11/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Dr Olusola Clement Idowu

secretary · Since 11/11/2013

Also on 1 other board

Dr Olusola Clement Idowu

director · Since 11/11/2013

INFORMATION TECHNOLOGY

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Mr David James Moran

director · Since 20/11/2015

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Dr Olusola Clement Idowu

75–100% shares
75–100% votes

British · United Kingdom · Age 56

The Biosphere, Draymans Way, Newcastle Upon Tyne, NE4 5BX

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 13/08/2020Registered 14/08/2020

CompanyRankvs 39240+ SIC 74909 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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

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

Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. Functional and Presentational Currency: The company's functional and presentational currency is GBP. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/11/2024

Net Worth

-£238k

Balance sheet strength

Cash

£17

Cash in the bank

Net Current Assets

-£108k

Working capital

Current Assets

£53k

Current Liabilities

£161k

Fixed Assets

£26k

Debtors

£52k

7avg. employees-2

Director Loans(2022)

Company owes directors£23k

Balance Sheet

Assets less current liabilities-£82k
Signed by O C Idowu 30/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33+£11k
20230.09-£38k
20220.44+£52k
20210.54-£51k
20200.91-£207k
20191.49-£54k
20180.45

Derived from filed accounts. Not audited figures.