Back to search

Hfabs (North) Limited

09400085

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

UNIT 5, NORTHWICH, CW9 7LU
Incorporated 21/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Iain Henry Hughes

director · Since 21/01/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 6 other boards

Mr Ian Bruce Hughes

director · Since 21/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Mr Iain Henry Hughes

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 41

Unit 5 Denton Drive, Northwich, CW9 7LU

Notified 06/04/2016

Mr Ian Bruce Hughes

25–50% shares
25–50% votes
Appoint directors

British · England · Age 66

Unit 5 Denton Drive, Northwich, CW9 7LU

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 24/03/2022Registered 30/03/2022
Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 30/09/2021Registered 04/10/2021
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 13/02/2018Registered 15/02/2018
Charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 14/09/2017Registered 14/09/2017Satisfied 14/01/2022
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 30/06/2017Registered 01/07/2017
Charge
outstanding

KAREN ELIZABETH HUGHES · IAN BRUCE HUGHES

Created 30/06/2017Registered 01/07/2017
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 27/04/2017Registered 02/05/2017Satisfied 28/04/2022

CompanyRankvs 3552+ SIC 25990 peers
51

Financial strength59th percentile among SIC peers · 15/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Samuel Taylor,Limited
90
2Smith Brothers (Leicester) Limited
90
3Hospital Metalcraft Limited
90
4Carpenter & Paterson Limited
90
5Wicksteed Leisure Limited
90
6Fsg Tool & Die Limited
90
7William Smith Group 1832 Limited
90
8Arrowsmith Engineering (Coventry) Limited
90
9Destec Engineering Limited
90
10O.L.D. Engineering Company Limited
90
3552Hfabs (North) Limited
56
How is this score calculated?
Financial strength15/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 29/09/2024

Net Worth

£80k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£92k

Working capital

Current Assets

£502k

Current Liabilities

£593k

Fixed Assets

£501k

Debtors

£432k

16avg. employees+2

Balance Sheet

Intangible assets£2k
Assets less current liabilities£409k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85-£10k
20230.91—

Derived from filed accounts. Not audited figures.