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Hindley Circuits Limited

10474049

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 2B ADMIRAL BUSINESS PARK, CRAMLINGTON, NE23 1WG
Incorporated 11/11/2016

Compliance

Last accounts

31/10/2024

full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

26110
Manufacture of electronic components

Officers

Mr Richard Whitehead

director · Since 11/11/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Mr Andrew Christopher Lapping

director · Since 19/12/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 151 other boards

Miss Sarah-Jane Moffat

director · Since 19/12/2016

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 48

Also on 6 other boards

Mr Christopher Roy Pennison

director · Since 19/12/2016

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Mr Ashley Robert Lawson

secretary · Since 29/06/2021

Persons with Significant Control

Mr Richard Whitehead

75–100% shares
75–100% votes

British · United Kingdom · Age 61

Hindley House, Hindley, Northumberland, NE43 7SA

Notified 11/11/2016

Mr Andrew Christopher Lapping

Significant control

British · United Kingdom · Age 63

Unit 2b, Admiral Business Park, Cramlington, NE23 1WG

Notified 17/01/2018

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 16/07/2021Registered 19/07/2021
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 09/06/2020Registered 10/06/2020
Charge
satisfied

SIEMENS FINANCIAL SERVICES LIMITED

Created 05/01/2017Registered 05/01/2017Satisfied 02/01/2024

CompanyRankvs 2150+ SIC 26110 peers
54

Financial strength90th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.34× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/10/2024

Net Worth

£1.8M

Balance sheet strength

Cash

£413k

Cash in the bank

Profit Before Tax

£97k

Bottom line earnings

Net Current Assets

£916k

Working capital

Current Assets

£3.6M

Current Liabilities

£2.7M

Fixed Assets

£1.5M

Debtors

£1.2M

Cost of Sales

£5.6M

Admin Expenses

£1.9M

Profit After Tax

£66k

48avg. employees-9

Tax at Year End

Corp tax£234k
Dividends paid£320k

People Costs

Wages & salaries£1.5M

Balance Sheet

Bank loans & overdrafts£110k
Assets less current liabilities£2.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.34-£37k
20231.35+£548k
20221.18+£14k
20211.37+£559k
20201.20+£14k
20191.07

Derived from filed accounts. Not audited figures.