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Helo Works Ltd

13348677

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

K2 SWALLOW BUSINESS PARK DIAMOND DRIVE, HAILSHAM, BN27 4EL
Incorporated 21/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Warren James Dutton

director · Since 21/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 63

Mr David Stuart Parry

director · Since 21/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 61

Mr Gavin Mark Studd

director · Since 21/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Warren James Dutton

25–50% shares
25–50% votes

British · England · Age 63

K2 Swallow Business Park, Diamond Drive, Hailsham, BN27 4EL

Notified 21/04/2021

Mr David Stuart Parry

25–50% shares
25–50% votes

British · England · Age 61

K2 Swallow Business Park, Diamond Drive, Hailsham, BN27 4EL

Notified 21/04/2021

Mr Gavin Mark Studd

25–50% shares
25–50% votes

British · England · Age 44

K2 Swallow Business Park, Diamond Drive, Hailsham, BN27 4EL

Notified 21/04/2021

CompanyRankvs 1842+ SIC 71121 peers
57

Financial strength85th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1842Helo Works Ltd
67
How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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.

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

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

fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements. Turnover Turnover represents net invoiced sales of services excluding value added tax. Turnover is recognized when the company receive

Key FinancialsYear ending 30/04/2025

Net Worth

£93k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£234k

Current Liabilities

£215k

Fixed Assets

£138k

Debtors

£233k

6avg. employees

Balance Sheet

Assets less current liabilities£157k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.09+£35k
20241.12-£39k
20231.58—

Derived from filed accounts. Not audited figures.