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Hw Diagnostics Ltd

11713858

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)
  • Current liabilities exceed current assets (-10)

Details

12 ROSEMARY CRESCENT WEST, WOLVERHAMPTON, WV4 5AP
Incorporated 05/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33130
Repair of electronic and optical equipment

Officers

Mr Balvinder Singh Bal

director · Since 05/12/2018

HARDWARE ENGINEER

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Mr Balvinder Singh Bal

Significant control

British · England · Age 53

12, Rosemary Crescent West, Wolverhampton, WV4 5AP

Notified 05/12/2018

CompanyRankvs 595+ SIC 33130 peers
41

Financial strength32th percentile among SIC peers · 8/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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595Hw Diagnostics Ltd
36
How is this score calculated?
Financial strength8/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

£224

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£6k

Current Liabilities

£9k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£224
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.67
20240.91
2023Infinity

Derived from filed accounts. Not audited figures.