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Hassco Developments Limited

10860162

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

STERLING HOUSE, WALTHAMSTOW, E17 4EE
Incorporated 11/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Atalay Hassan

director · Since 11/07/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 1 other board

Mr Metin Hassan

director · Since 21/08/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Persons with Significant Control

Hassco Group Limited

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

Sterling House, Fulbourne Road, Walthamstow, E17 4EE

Reg: 10592695 · England & Wales · Limited Company

Notified 11/07/2017

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 04/10/2018Registered 16/10/2018Satisfied 18/06/2020
Charge
satisfied

LLOYDS BANK PLC

Created 11/01/2018Registered 11/01/2018Satisfied 07/11/2023

CompanyRankvs 46800+ SIC 41100 peers
49

Financial strength37th percentile among SIC peers · 9/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/01/2025

Net Worth

£100

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£337k

Current Liabilities

£408k

Debtors

£334k

Profit After Tax

-£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£72k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.82
20240.83
20230.91
20220.91
20210.91
20200.01
20190.08

Derived from filed accounts. Not audited figures.