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Helix Operations Limited

10316654

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

Y GLYN, CAERNARFON, LL55 4EL
Incorporated 08/08/2016

Compliance

Last accounts

31/12/2023

small

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 04/08/2025

Due 18/08/2026

On track

Industry

46900
Non-specialised wholesale trade

Officers

Mr Richard Peter William Rust

director · Since 08/08/2016

DIRECTOR

BRITISH · WALES · Age 59

Also on 4 other boards

Mr Simon Marsh

director · Since 01/11/2017

MANAGING DIRECTOR

BRITISH · WALES · Age 64

Also on 2 other boards

Mr Frederick Alan Hall

director · Since 26/11/2019

CHAIRMAN

BRITISH · WALES · Age 73

Also on 3 other boards

Persons with Significant Control

Dmmwales Group Limited

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

Y Glyn, Llanberis, Caernarfon, LL55 4EL

Reg: 03110401 · Register Of Companies · Companies Act 2006

Notified 08/08/2016

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/01/2024Registered 05/02/2024
Charge
satisfied

HSBC UK BANK PLC

Created 07/10/2019Registered 11/10/2019Satisfied 10/02/2026
Charge
outstanding

HSBC UK BANK PLC

Created 07/10/2019Registered 09/10/2019
Charge
outstanding

HSBC UK BANK PLC

Created 07/10/2019Registered 07/10/2019
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 10/11/2017Registered 10/11/2017

CompanyRankvs 4367+ SIC 46900 peers
63

Financial strength87th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.38× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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72
How is this score calculated?
Financial strength22/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

£349k

Balance sheet strength

Cash

£97k

Cash in the bank

Net Current Assets

£289k

Working capital

Current Assets

£1.0M

Current Liabilities

£758k

Fixed Assets

£71k

Debtors

£405k

14avg. employees+1

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Assets less current liabilities£360k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.38+£215k
20221.03-£64k
20211.19+£79k
20201.04+£60k
20190.96—

Derived from filed accounts. Not audited figures.