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Ml Hughes Plant Hire Ltd

12589887

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)

Details

PLOT 30 LLANDYGAI INDUSTRIAL ESTATE, BANGOR, LL57 4YH
Incorporated 06/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Kenneth Edward Hughes

director · Since 06/05/2020

BUILDER

BRITISH · WALES · Age 36

Also on 3 other boards

Persons with Significant Control

Mr Kenneth Edward Hughes

75–100% shares

British · Wales · Age 36

Plot 30, Llandygai Industrial Estate, Bangor, LL57 4YH

Notified 13/01/2023

Former PSCs

Miss Leanne Ellen Owen

Ceased 13/01/2023

CompanyRankvs 2581+ SIC 77320 peers
39

Financial strength23th percentile among SIC peers · 6/25
Employees81th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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2581Ml Hughes Plant Hire Ltd
39
How is this score calculated?
Financial strength6/25 pts

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

Employees12/15 pts

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

Liquidity0/20 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 31/05/2024

Net Worth

£100

Balance sheet strength

Cash

£58k

Cash in the bank

Net Current Assets

-£175

Working capital

Current Assets

—

Current Liabilities

£58k

Fixed Assets

£30k

5avg. employees

Balance Sheet

Assets less current liabilities£30k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.49

Derived from filed accounts. Not audited figures.