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Hence Technologies Ltd

12512588

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

ACRE HOUSE, LONDON, NW1 3ER
Incorporated 11/03/2020

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
71122
Engineering related scientific and technical consulting activities

Officers

Stephen Heitkamp

director · Since 11/03/2020

DIRECTOR

AMERICAN · NETHERLANDS · Age 45

Mr Sean West

director · Since 11/03/2020

DIRECTOR

AMERICAN · UNITED STATES · Age 43

Persons with Significant Control

Stephen Heitkamp

25–50% shares
25–50% votes

American · Netherlands · Age 45

Acre House, 11/15 William Road, London, NW1 3ER

Notified 11/03/2020

Sean West

25–50% shares
25–50% votes

American · United States · Age 43

Acre House, 11/15 William Road, London, NW1 3ER

Notified 11/03/2020

Charges0 outstanding

Charge
satisfied

HSBC INNOVATION BANKING

Created 28/07/2024Registered 31/07/2024Satisfied 07/10/2024

CompanyRankvs 18517+ SIC 62012 peers
59

Financial strength47th percentile among SIC peers · 12/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 4.35× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 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.

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.

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

£222

Balance sheet strength

Cash

£80k

Cash in the bank

Net Current Assets

£417k

Working capital

Current Assets

£541k

Current Liabilities

£124k

Fixed Assets

£1.8M

Debtors

£461k

1avg. employees

Balance Sheet

Intangible assets£1.8M
Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20244.35
20235.80
202214.40
202112.61

Derived from filed accounts. Not audited figures.