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The Hive Design Studio Ltd

12650855

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

60 Underwood Road Underwood Road, Plympton, Plymouth, PL7 1SZ
Incorporated 08/06/2020

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 07/06/2025

Due 21/06/2026

On track

Industry

71111
Architectural activities

Officers

Benjamin Mark Honey

director · Since 08/06/2020

British · England · Age 40

Claire Louise Honey

director · Since 08/06/2020

British · England · Age 40

Change History

status → active
2026-06-10

Active

type → ltd
2026-06-10

Private Limited Company

address line1 → 60 Underwood Road Underwood Road
2026-06-10

60 UNDERWOOD ROAD UNDERWOOD ROAD

post town → Plymouth
2026-06-10

PLYMOUTH

CompanyRankvs 13963+ SIC 71111 peers
28

Financial strength8th percentile among SIC peers · 2/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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13963The Hive Design Studio Ltd
34
How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/06/2025

Net Worth

-£8k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£12k

Current Liabilities

£23k

Fixed Assets

£4k

2avg. employees

Tax at Year End

Corp tax£16k
VAT£5k

Director Loans

Company owes directors£933

Balance Sheet

Assets less current liabilities-£7k
Signed by Mr Benjamin Honey Mrs Claire Honey 28th March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.53+£0£102k
20250.53-£4k£102k
20240.75—£120k
20230.92—£110k

Derived from filed accounts. Not audited figures.