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Brainworks (Food) Limited

10340963

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

19 Albion Street, Hull, HU1 3TG
Incorporated 22/08/2016

Previously known as

Neil Hudgell 2 Limited · until 12/04/2017

Compliance

Last accounts

31/08/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/02/2026

Due 21/02/2027

On track

Industry

10890
Manufacture of other food products

Officers

Mr Neil Michael Hudgell

director · Since 22/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Mr Paul Antony Spence

director · Since 22/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 46

Neil Michael Hudgell

director · Since 22/08/2016

British · England · Age 60

Paul Antony Spence

director · Since 22/08/2016

British · England · Age 46

Former

Michael Roger Firth

director · Resigned 22/08/2017

Richard Keith Mcwatt

director · Resigned 01/12/2019

Persons with Significant Control

Mr Neil Michael Hudgell

25–50% shares
25–50% votes

British · England · Age 60

Blundell's Corner, Beverley Road, Hull, HU3 1XS

Notified 22/08/2016

Mr Paul Antony Spence

25–50% shares
25–50% votes

British · England · Age 46

87 Boundary Way, Hull, HU6 4DH

Notified 22/08/2016

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line119 Albion Street
2026-06-04

19 ALBION STREET

post townHull
2026-06-04

HULL

officer appointedHUDGELL, Neil Michael
2026-06-04
officer appointedSPENCE, Paul Antony
2026-06-04

CompanyRankvs 13550+ SIC 10890 peers
55

Financial strength1th percentile among SIC peers · 0/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.29× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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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.

Employees10/15 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£638k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£814

Working capital

Current Assets

£1k

Current Liabilities

£355

Debtors

£106

2avg. employees

Balance Sheet

Assets less current liabilities£814
Signed by Mr N M Hudgell 4th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.29-£9k
20246.58-£39k
2023-£19k
202288.96-£36k
202120.03-£31k
20201.78-£48k
20193.71-£149k
20181.71

Derived from filed accounts. Not audited figures.