Ml Hughes Construction Ltd
11529902
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/03/2021
BUILDING CONTRACTOR
BRITISH · WALES · Age 36
Also on 3 other boards
Persons with Significant Control
Mr Kenneth Edward Hughes
British · Wales · Age 35
Plot 30, Llandygai Industrial Estate, Bangor, LL57 4YH
Notified 13/01/2023
Former PSCs
Mr Kenneth Edward Hughes
Ceased 05/01/2021
Miss Leanne Ellen Owen
Ceased 13/01/2023
CompanyRankvs 6782+ SIC 41202 peers74
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£749k
Balance sheet strength
Cash
£6k
Cash in the bank
Net Current Assets
£46k
Working capital
Current Assets
£139k
Current Liabilities
£93k
Fixed Assets
£1.8M
Debtors
£103k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.50 | +£56k |
| 2023 | 3.02 | +£335k |
| 2022 | 0.21 | +£172k |
| 2021 | 0.26 | +£144k |
| 2020 | 0.34 | — |
| 2019 | 0.72 | — |
Derived from filed accounts. Not audited figures.