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50 50 Holdings Limited

11625831

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

THE BARN, THETFORD, IP24 3PJ
Incorporated 16/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mrs Angela Lorraine Hughes

director · Since 16/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Paul George Hughes

director · Since 16/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 9 other boards

Persons with Significant Control

Mr Paul George Hughes

25–50% shares
25–50% votes

British · United Kingdom · Age 57

The Barn, 11 Bury Road, Thetford, IP24 3PJ

Notified 16/10/2018

Mrs Angela Lorraine Hughes

25–50% shares
25–50% votes

British · England · Age 58

The Barn, 11 Bury Road, Thetford, IP24 3PJ

Notified 16/10/2018

CompanyRankvs 8260+ SIC 45200 peers
70

Financial strength78th percentile among SIC peers · 20/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.43× · 20/20
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 strength20/25 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 31/10/2023

Net Worth

£55k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£91k

Current Liabilities

£37k

Fixed Assets

£13k

Debtors

£57k

2avg. employees

Balance Sheet

Assets less current liabilities£67k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.43+£27k
20222.07-£23k
20212.87-£3k
20203.75-£23k
20193.32

Derived from filed accounts. Not audited figures.