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Hub Engineering Ltd

10166766

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

11TH FLOOR, BIRMINGHAM, B2 5LG
Incorporated 06/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr James Michael Millership

director · Since 06/05/2016

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 5 other boards

Persons with Significant Control

Mr James Michael Millership

75–100% shares
75–100% votes

British · England · Age 50

11th Floor, One Temple Row, Birmingham, B2 5LG

Notified 03/08/2022

Former PSCs

Mr James Millership

Ceased 26/02/2021

Mr Lee Mark Fletcher

Ceased 03/08/2022

Mr Michael Millership

Ceased 03/08/2022

Charges1 outstanding

Charge
outstanding

CHARLES STREET COMMERCIAL INVESTMENTS LIMITED

Created 30/05/2023Registered 01/06/2023
Charge
satisfied

WEDO FINANCE LTD

Created 22/12/2022Registered 22/12/2022Satisfied 19/05/2025

CompanyRankvs 15+ SIC 71129 peers
27

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees0/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/05/2023

Net Worth

£363k

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.3M

Fixed Assets

£2.2M

Debtors

£613k

23avg. employees-2

Tax at Year End

Corp tax£8k

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.05+£53k
20221.05+£108k
20211.02+£213k
2020632.52-£15k
20190.01-£1k

Derived from filed accounts. Not audited figures.