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The Hip Bit Ltd

12102775

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2 TRIMPLEY LANE, BEWDLEY, DY12 1JJ
Incorporated 15/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
69202
Bookkeeping activities

Officers

Mrs Joanne Mathews

director · Since 15/07/2019

ACCOUNTANT

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Michael James Mathews

director · Since 15/07/2019

CONSULTANT

AMERICAN · UNITED KINGDOM · Age 59

Persons with Significant Control

Mr Michael James Mathews

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

American · England · Age 59

2, Trimpley Lane, Bewdley, DY12 1JJ

Notified 15/07/2019

Mrs Joanne Mathews

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

British · England · Age 58

2, Trimpley Lane, Bewdley, DY12 1JJ

Notified 15/07/2019

CompanyRankvs 15919+ SIC 62012 peers
63

Financial strength60th percentile among SIC peers · 15/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 15.68× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£2k

Current Liabilities

£126

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£4k
Signed by 4 THE HIP BIT LTDPrepared with TinyTax

EstimatesDerived

YearCurrent RatioImplied Profit
202515.68-£2k
2024Infinity-£25k
202372.35+£25k
2022Infinity

Derived from filed accounts. Not audited figures.