Back to search

Mike Hope Of Wooler Ltd

10181619

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

3 SOUTH ROAD, WOOLER, NE71 6SN
Incorporated 16/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

James Andrew Hope

director · Since 16/05/2016

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Mr Michael James Hope

director · Since 16/05/2016

DIRECTOR

BRITISH · ENGLAND · Age 77

Yvette Gay Hope

director · Since 16/05/2016

DIRECTOR

BRITISH · ENGLAND · Age 68

Mrs Jane Hope

director · Since 02/05/2023

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 37

Also on 2 other boards

Persons with Significant Control

Mr James Andrew Hope

25–50% shares

British · United Kingdom · Age 37

3, South Road, Wooler, NE71 6SN

Notified 16/05/2016

Mrs Yvette Gay Hope

25–50% shares

British · United Kingdom · Age 68

2, Weetwood Close, Wooler, NE71 6AX

Notified 16/05/2016

Mr Michael James Hope

25–50% shares

British · England · Age 77

3, South Road, Wooler, NE71 6SN

Notified 06/06/2016

Charges1 outstanding

Charge
outstanding

BANK OF SCOTLAND PLC

Created 26/09/2017Registered 03/10/2017

CompanyRankvs 444+ SIC 45400 peers
52

Financial strength85th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength21/25 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.

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

Going concern doubt: -10 pts

Outstanding charges: -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 directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 30/04/2025

Net Worth

£105k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£132k

Working capital

Current Assets

£463k

Current Liabilities

£331k

Fixed Assets

£164k

Debtors

£277k

11avg. employees+11

Tax at Year End(2024)

Dividends paid-£15k

Balance Sheet

Intangible assets£12k
Assets less current liabilities£297k
Signed by Mr M Hope,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.40+£40k
20241.37+£19k
20231.56+£15k
20221.60-£18k
20211.78

Derived from filed accounts. Not audited figures.