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Honest Bean Co Limited

11517952

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)
  • Negative net worth (-10)

Details

6 GEORGE STREET, DRIFFIELD, YO25 6RA
Incorporated 15/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Adam Dominic Palmer

director · Since 15/08/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 5 other boards

Persons with Significant Control

Mr Adam Dominic Palmer

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

British · United Kingdom · Age 45

North Breckenholme, Thixendale, Malton, YO17 9LS

Notified 15/08/2018

Former PSCs

Ms Zoe Clare Oates

Ceased 01/08/2020

CompanyRankvs 109059+ SIC 82990 peers
42

Financial strength2th percentile among SIC peers · 1/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 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.

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 31/08/2024

Net Worth

-£195k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£99k

Current Liabilities

£76k

Fixed Assets

£1k

Debtors

£61k

1avg. employees

Balance Sheet

Intangible assets£788
Assets less current liabilities£24k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.30-£12k
20231.27-£21k
20221.29-£67k
20211.38-£60k
20201.76-£18k
201929.62

Derived from filed accounts. Not audited figures.