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Hicomply Ltd

12364000

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

PORTLAND HOUSE, DURHAM, DH1 1TW
Incorporated 16/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
63110
Data processing, hosting and related activities
63120
Web portals

Officers

Mr Nicholas Kenneth Graham

director · Since 12/06/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Mr Michael Robert Norden

director · Since 15/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Michael Norden

secretary · Since 22/12/2022

Mr Mark Alan Edgeworth

director · Since 01/06/2025

CEO

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Nicholas Kenneth Graham

Significant control

British · United Kingdom · Age 51

Portland House, Belmont Business Park, Durham, DH1 1TW

Notified 10/06/2020

Hicomply Group Limited

75–100% shares
75–100% votes
Appoint directors

Portland House, Belmont Business Park, Durham, DH1 1TW

Reg: 13601077 · England & Wales · Private Limited Company

Notified 17/09/2021

Mark Alan Edgeworth

Significant control

British · England · Age 52

Portland House, Belmont Business Park, Durham, DH1 1TW

Notified 30/10/2025

Bgf Investment Management Limited

Significant control

13-15, York Buildings, London, WC2N 6JU

Reg: 10608481 · Companies House · Private Limited Company

Notified 30/10/2025

Former PSCs

Mr Marius Van Aswegen

Ceased 22/12/2022

Mr Edwin Vincent Bartlett

Ceased 03/06/2025

Charges3 outstanding

Charge
outstanding

ROSS STEPHEN SMITH (AS SECURITY TRUSTEE)

Created 22/12/2025Registered 24/12/2025
Charge
outstanding

BGF NOMINEES LIMITED

Created 25/11/2025Registered 25/11/2025
Charge
outstanding

BGF NOMINEES LIMITED

Created 29/04/2024Registered 30/04/2024

CompanyRankvs 37353+ SIC 62012 peers
32

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Longevity6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

-£3.7M

Balance sheet strength

Cash

£300k

Cash in the bank

Net Current Assets

-£118k

Working capital

Current Assets

£608k

Current Liabilities

£726k

Fixed Assets

£7k

Debtors

£307k

17avg. employees-2

Tax at Year End

VAT£35k

Balance Sheet

Assets less current liabilities-£111k
Signed by M R Norden 29/08/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.84-£1.5M£693k
20233.25-£2.5M£312k
202113.28

Derived from filed accounts. Not audited figures.