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Hi-Tech Finishing Limited

09043577

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT 3, WOLVERHAMPTON, WV2 2BS
Incorporated 16/05/2014

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

05/08/2026

On track

Confirmation statement

Last: 10/06/2026

Due 24/06/2027

On track

Industry

96090
Other personal service activities

Officers

Mr Gurpreet Singh Mangat

director · Since 16/05/2014

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Pritam Singh

director · Since 16/05/2014

DIRECTOR

BRITISH · ENGLAND · Age 72

Persons with Significant Control

Mr Pritam Singh

25–50% shares
25–50% votes

British · England · Age 72

Unit 3, Dixon Street, Wolverhampton, WV2 2BS

Notified 01/07/2016

Mr Gurpreet Singh Manget

25–50% shares
25–50% votes

British · England · Age 57

Unit 3, Dixon Street, Wolverhampton, WV2 2BS

Notified 01/07/2016

CompanyRankvs 1952+ SIC 96090 peers
86

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.29× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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1952Hi-Tech Finishing Limited
86
How is this score calculated?
Financial strength24/25 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.

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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£920k

Balance sheet strength

Cash

£610k

Cash in the bank

Net Current Assets

£832k

Working capital

Current Assets

£1.2M

Current Liabilities

£364k

Fixed Assets

£116k

Debtors

£579k

28avg. employees+3

Tax at Year End

Corp tax£110k
VAT£79k

Director Loans

Company owes directors£17k
Directors owe company£3k

Balance Sheet

Assets less current liabilities£947k
Signed by Mr Gurpreet Mangat Mr Pritam Singh 27 July 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.29-£142k£1.6M
20243.73+£84k£1.7M
20234.17—£470k

Derived from filed accounts. Not audited figures.