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Hi-Tech & Engineering Limited

11336845

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

220 ASHCROFT ROAD, LUTON, LU2 9AB
Incorporated 30/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
62090
Other information technology service activities

Officers

Mr Waqas Ahmed

director · Since 30/04/2018

CONSULTANT

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Waqas Ahmed

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

British · England · Age 41

220, Ashcroft Road, Luton, LU2 9AB

Notified 30/04/2018

CompanyRankvs 16219+ SIC 41100 peers
66

Financial strength64th percentile among SIC peers · 16/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.62× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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16219Hi-Tech & Engineering Limited
66
How is this score calculated?
Financial strength16/25 pts

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

Employees7/15 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.

Longevity8/15 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 30/04/2025

Net Worth

£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£15k

Current Liabilities

£4k

Fixed Assets

£750

1avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.62-£3k
20241.43+£11k
20231.81-£1k
20220.68+£3k
20210.63+£103
20201.14—

Derived from filed accounts. Not audited figures.