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Hiiroc-X Developments Limited

13327578

active
Private Limited Company
england wales
Companies House
1 outstanding charge
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

NUMBER 22, TUNBRIDGE WELLS, TN4 8AS
Incorporated 12/04/2021

Compliance

Last accounts

30/04/2025

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/04/2026

Due 25/04/2027

On track

Industry

71129
Other engineering activities

Officers

Mr Timothy Morgan Davies

director · Since 12/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 3 other boards

Mr Robin James Caiger

director · Since 17/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 13 other boards

Persons with Significant Control

Hiiroc Limited

75–100% shares
75–100% votes
Appoint directors

Number 22 Mount Ephraim, Tunbridge Wells, TN4 8AS

Reg: 11925215 · United Kingdom · Private Limited Company

Notified 12/04/2021

Charges1 outstanding

A registered charge
outstanding

Greenfield Global Inc.

The "chattels" comprise the chargor's single torch gen 8 unit known as "Z2" located at the site as further identified in the site plan including the hiiroc innovation system (his) comprised among other things of a 5.7 torch, hydrogen vapourisation functionality, the 1.5.6 power supply and the borrower's control system, together with all intellectual property rights (whether now owned or hereafter acquired) necessary for the purpose of commissioning, operating, maintaining and repairing the Z2 unit, and all operating procedures and software (to the extent owned or hereafter acquired) as may be necessary for the Z2 unit's commissioning, operation, maintenance and repair (product system and his).

Created 13/07/2026Registered 14/07/2026

CompanyRankvs 19037+ SIC 71129 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2022

Net Worth

-£2.9M

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£3.4M

Working capital

Current Assets

£199k

Current Liabilities

£3.6M

Fixed Assets

£490k

Debtors

£180k

34avg. employees

Balance Sheet

Assets less current liabilities-£2.9M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent Ratio
20220.06

Derived from filed accounts. Not audited figures.