Back to search

Hut 6 Security Limited

10447061

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

ALACRITY HOUSE, NEWPORT, NP20 1HG
Incorporated 26/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62090
Other information technology service activities

Officers

Mr Simon Peter James Fraser

director · Since 26/10/2016

BUSINESS DEVELOPMENT

BRITISH · ENGLAND · Age 33

Mr Daniel Martin Steward

director · Since 26/10/2016

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 33

Mr Simon John Gibson Obe

director · Since 19/04/2017

CEO

BRITISH · WALES · Age 68

Also on 2 other boards

Daniel Steward

secretary · Since 11/01/2022

Persons with Significant Control

Sir Terence Hedley Matthews

ownership-of-shares-25-to-50-percent-as-firm
voting-rights-25-to-50-percent-as-firm

British · Canada · Age 83

Celtic Manor Resort, Coldra Woods, Newport, NP18 1HQ

Notified 19/08/2022

Former PSCs

Mr Pratteek Srinivas Bathula

Ceased 19/04/2017

Mr Simon Peter James Fraser

Ceased 19/04/2017

Mr Daniel Martin Steward

Ceased 19/04/2017

CompanyRankvs 2659+ SIC 62012 peers
82

Financial strength91th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.07× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 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.

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 31/10/2024

Net Worth

£198k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£146k

Current Liabilities

£71k

Fixed Assets

£127k

Debtors

£122k

8avg. employees-2

Tax at Year End

VAT£721

Balance Sheet

Intangible assets£125k
Assets less current liabilities£203k
Signed by Mr Simon Fraser 25 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.07+£58k£14k
20231.84-£220k£10k
20226.23+£254k£18k
20211.89-£100k£310k
20202.43£423k

Derived from filed accounts. Not audited figures.