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Hatch Accountancy Limited

08978978

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O HATCH ACCOUNTANCY LIMITED, LONDON, N13 4BS
Incorporated 04/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities
69203
Tax consultancy

Officers

Mr Lloyd Milne

director · Since 04/04/2014

ACCOUNTANCY

BRITISH · UNITED KINGDOM · Age 33

Also on 2 other boards

Persons with Significant Control

Mr Lloyd Milne

75–100% shares

British · England · Age 33

C/O Hatch Accountancy Limited, 483 Green Lanes, London, N13 4BS

Notified 01/01/2017

CompanyRankvs 1657+ SIC 69201 peers
73

Financial strength88th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.41× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 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.

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.

Longevity12/15 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

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/12/2024

Net Worth

£120k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£109k

Working capital

Current Assets

£186k

Current Liabilities

£77k

Fixed Assets

£61k

Debtors

£137k

8avg. employees+3

Tax at Year End(2023)

Corp tax£10k

Balance Sheet

Assets less current liabilities£169k
Signed by Mr L Milne,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.41+£42k
20232.97+£4k
20222.52+£0
20222.52-£17k
20213.30+£48k
20201.34+£20k
20191.24+£3k
20181.47—

Derived from filed accounts. Not audited figures.