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Hubstar Systems Limited

08853435

active
Private Limited Company
england wales
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

CORNER COTTAGE, NORWICH, NR12 0SH
Incorporated 20/01/2014

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Martin Derrick Hiles

director · Since 20/01/2014

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Mr John Treadwell Anderson

director · Since 01/03/2018

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 68

Persons with Significant Control

Hubstar Group Limited

75–100% shares
75–100% votes

Regent House, Beulah Hill, London, SE19 3HF

Reg: 11185478 · England Companies House · Limited Company

Notified 01/03/2018

Former PSCs

Mr Martin Derrick Hiles

Ceased 01/06/2019

Mr Huw Charles Davies

Ceased 01/03/2018

Mr Nigel Brian Reading

Ceased 01/03/2018

Mr Neil Alexander Duguid

Ceased 01/03/2018

Mr Sebastiaan Van Der Meulen

Ceased 01/03/2018

CompanyRankvs 843+ SIC 62012 peers
88

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.47× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£338k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.9M

Current Liabilities

£551k

Fixed Assets

£3k

Debtors

£1.6M

30avg. employees+2
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.47+£337k
20233.58

Derived from filed accounts. Not audited figures.