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On Hardware - Manufacturing, Design & Solutions Ltd

11743114

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

CONECTID GROUP, LONDON, N1 7GU
Incorporated 28/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46150
Agents involved in the sale of furniture, household goods, hardware and ironmongery
71121
Engineering design activities for industrial process and production
71129
Other engineering activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Michalakis Christofi

director · Since 28/12/2018

ENTEPRENEUR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Conectid Limited

secretary · Since 01/01/2020

Also on 27 other boards

Conectid Limited

director · Since 01/04/2022

Also on 27 other boards

Persons with Significant Control

Mr Michalakis Christofi

75–100% votes
significant-influence-or-control-as-firm

British · England · Age 41

Conectid Group, 400 Thames Valley Park Drive, Earlu, Reading,, RG6 1PT

Notified 21/07/2021

Conectid Limited

75–100% shares

Conectid Group, 400 Thames Valley Park Drive, Reading, RG6 1PT

Reg: 10810165 · England And Wales · Ltd

Notified 01/01/2025

Former PSCs

Conectid Limnited

Ceased 21/07/2021

CompanyRankvs 267+ SIC 46150 peers
64

Financial strength96th percentile among SIC peers · 24/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 9.07× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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267On Hardware - Manufacturing, Design & Solutions Ltd
74
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.

Employees8/15 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.

Longevity7/15 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

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

Going Concern Doubt

reliably, investments are stated at cost less any provision for impairment. - 8 - On Hardware - Manufacturing, Design & Solutions Ltd Notes to the Accounts for the year ended 31 December 2024 Going concern The directors have not identified any material uncertainties that cast significant doubt on the Company’s ability to continue as a going concern. The Directors have prepared these financ

Key FinancialsYear ending 31/12/2024

Net Worth

£390k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£402k

Working capital

Current Assets

£452k

Current Liabilities

£50k

Fixed Assets

£134k

Debtors

£385k

1avg. employees

Balance Sheet

Assets less current liabilities£536k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20249.07+£59k
20237.10+£62k
20222.56+£77k
20211.40+£59k
202014.28+£10k

Derived from filed accounts. Not audited figures.