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Blue Hat Associates Limited

10188498

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

C/O HILLIER HOPKINS LLP FIRST FLOOR, RADIUS HOUSE, WATFORD, WD17 1HP
Incorporated 19/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Timothy Simon Palmer

director · Since 19/05/2016

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Marcus De'Freitas

director · Since 01/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Mr Ross Killer Hawley

director · Since 01/08/2023

NON-EXECUTIVE DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Persons with Significant Control

Timothy Simon Palmer

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 54

C/O Hillier Hopkins Llp, First Floor, Radius House, Watford, WD17 1HP

Notified 20/05/2016

Former PSCs

Sian Margaret Palmer

Ceased 04/12/2020

CompanyRankvs 3695+ SIC 70229 peers
74

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.24× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

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

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 31/05/2025

Net Worth

£519k

Balance sheet strength

Cash

£612k

Cash in the bank

Net Current Assets

£514k

Working capital

Current Assets

£743k

Current Liabilities

£229k

Fixed Assets

£5k

Debtors

£131k

7avg. employees

Tax at Year End(2023)

Corp tax£141k

Balance Sheet

Assets less current liabilities£519k
Signed by Mr T Palmer,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.24+£0
20253.24-£88k
20242.46+£26k
20231.44+£268k
20221.69+£117k
20213.50+£76k
202013.31-£6k
20192.87-£55k
20185.71

Derived from filed accounts. Not audited figures.