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Higgins Mechanical Services Ltd

11601359

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O COX COSTELLO & HORNE BATCHWORTH LOCK HOUSE, RICKMANSWORTH, WD3 1JJ
Incorporated 03/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr David Higgins

director · Since 03/10/2018

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 68

Also on 7 other boards

Mr Kevin John Gilchrist

director · Since 17/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr David Higgins

50–75% shares
50–75% votes
Appoint directors

British · England · Age 68

C/O Cox Costello & Horne, 7 St. Johns Road, Harrow, HA1 2EY

Notified 03/10/2018

Mr Kevin John Gilchrist

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

C/O Cox Costello & Horne, 7 St. Johns Road, Harrow, HA1 2EY

Notified 03/10/2018

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 13/08/2025Registered 18/08/2025

CompanyRankvs 5305+ SIC 43220 peers
57

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.93× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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5305Higgins Mechanical Services Ltd
72
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

from signing the financial statements. No material uncertainties that cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. The company therefore continues to adopt the going concern basis in preparing its financial statements. Turnover Turnover is measured at the fair value of the c

Key FinancialsYear ending 31/10/2024

Net Worth

£680k

Balance sheet strength

Cash

£256k

Cash in the bank

Net Current Assets

£602k

Working capital

Current Assets

£1.2M

Current Liabilities

£648k

Fixed Assets

£160k

Debtors

£994k

11avg. employees+2

Balance Sheet

Assets less current liabilities£762k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.93+£179k
20231.81+£27k
20222.63+£71k
20212.26—
20201.01—

Derived from filed accounts. Not audited figures.