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Hut Products Ltd

12841795

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

MIDWAY HOUSE HERRICK WAY, CHELTENHAM, GL51 6TQ
Incorporated 27/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Michael Paul Curtis

director · Since 27/08/2020

COMPANY DIRECTOR

BRITISH · AUSTRALIA · Age 52

Ms Andrea Williams

director · Since 27/08/2020

COMPANY DIRECTOR

BRITISH · AUSTRALIA · Age 60

Persons with Significant Control

Ms Andrea Williams

25–50% shares

British · Australia · Age 60

Midway House, Herrick Way, Cheltenham, GL51 6TQ

Notified 27/08/2020

Mr Michael Paul Curtis

25–50% shares

British · Australia · Age 52

Midway House, Herrick Way, Cheltenham, GL51 6TQ

Notified 27/08/2020

CompanyRankvs 58870+ SIC 47910 peers
30

Financial strength5th percentile among SIC peers · 1/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.87× · 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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How is this score calculated?
Financial strength1/25 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.

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 liabilities and investment properties measured at fair value through profit or loss. The abridged financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The directors consider that there are no material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/12/2024

Net Worth

-£35k

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£244k

Current Liabilities

£281k

Debtors

£115k

2avg. employees

Balance Sheet

Intangible assets£2k
Assets less current liabilities-£35k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87-£29k
20230.94—

Derived from filed accounts. Not audited figures.