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Hyt 88 Ltd

10931046

active
Private Limited Company
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

30 BRIDGE STREET, NEWCASTLE UPON TYNE, NE13 6EN
Incorporated 24/08/2017

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 12/08/2025

Due 26/08/2026

On track

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Ho Yeung Tong

director · Since 24/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Ho Yeung Tong

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

British · England · Age 40

1 Fern Avenue, Cramlington, NE23 3GL

Notified 24/08/2017

CompanyRankvs 23225+ SIC 56103 peers
46

Financial strength17th percentile among SIC peers · 4/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.66× · 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 strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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 31/08/2025

Net Worth

-£8k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£21k

Current Liabilities

£32k

Fixed Assets

£3k

Profit After Tax

£11k

6avg. employees

Tax at Year End

Dividends paid£2k

Balance Sheet

Bank loans & overdrafts£17k
Assets less current liabilities-£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.66+£0
20250.66+£10k
20240.63+£16k
20230.53

Derived from filed accounts. Not audited figures.