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Hg Foods + Growtech Ltd

11711070

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

8 WALMERSLEY OLD ROAD, BURY, BL9 6SQ
Incorporated 04/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mr Christopher David Connor

director · Since 04/03/2021

DIRECTOR

ENGLISH · ENGLAND · Age 38

Also on 3 other boards

Persons with Significant Control

Mr Christopher Connor

Significant control

English · England · Age 38

7, Ashbrook Crescent, Rochdale, OL12 9AJ

Notified 12/05/2021

Former PSCs

Miss Zeenat Banu Malek

Ceased 12/05/2021

CompanyRankvs 367+ SIC 10890 peers
77

Financial strength80th percentile among SIC peers · 20/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.97× · 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.

Employees14/15 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 31/08/2021

Net Worth

£41k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£98k

Current Liabilities

£33k

Fixed Assets

£18k

Debtors

£76k

21avg. employees+6

Tax at Year End

Corp tax£8k

Director Loans

Directors owe company£74k

Balance Sheet

Assets less current liabilities£83k
Signed by Mr Christopher Connor 14/12/2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20212.97
20200.76

Derived from filed accounts. Not audited figures.