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Higan Ltd

12632139

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

7 DORCHESTER ROAD, DORCHESTER, DT2 9NA
Incorporated 29/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr David Edward Thomas Morgan

director · Since 29/05/2020

GENERAL MANAGER

BRITISH · ENGLAND · Age 59

Mr Stuart Alexander Higgins

director · Since 20/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr David Edward Thomas Morgan

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

British · England · Age 59

7, Dorchester Road, Dorchester, DT2 9NA

Notified 29/05/2020

Mr Stuart Alexander Higgins

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

British · England · Age 44

12a, Regency Drive, Weymouth, DT3 5PG

Notified 29/05/2020

CompanyRankvs 1604+ SIC 25620 peers
47

Financial strength30th percentile among SIC peers · 8/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.29× · 12/20
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 strength8/25 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.

Liquidity12/20 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 30/04/2025

Net Worth

£3k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£43k

Current Liabilities

£33k

Fixed Assets

£106k

Debtors

£35k

2avg. employees

Tax at Year End

Corp tax£581

Balance Sheet

Assets less current liabilities£116k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29+£313
20241.05+£548
20231.21—

Derived from filed accounts. Not audited figures.