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Hear Always Limited

13641788

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 310, DARWEN, BB3 1AE
Incorporated 24/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47741
47741

Officers

Mr David William Murphy

director · Since 24/09/2021

DIRECTOR

IRISH · UNITED KINGDOM · Age 54

Also on 33 other boards

Mr Russell Borland

director · Since 15/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Amplify Hearing Ltd

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

317, Unit 317, Darwen, BB3 1AE

Reg: 10447084 · Uk Register Of Companies · Private Company Limited By Shares

Notified 24/09/2021

Russell Borland Holdings Ltd

25–50% shares
25–50% votes

41, Ardlui Gardens, Hamilton, ML3 8QL

Reg: Sc787679 · Companies House · Private Company Limited By Shares

Notified 30/05/2024

Former PSCs

Mr David William Murphy

Ceased 24/09/2021

Mr Russell Borland

Ceased 30/05/2024

CompanyRankvs 1600+ SIC 47741 peers
57

Financial strength67th percentile among SIC peers · 17/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

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.

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.

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

Key FinancialsYear ending 30/12/2023

Net Worth

£15k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£138k

Current Liabilities

£153k

Fixed Assets

£39k

Debtors

£48k

8avg. employees+3

Balance Sheet

Assets less current liabilities£24k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.90-£23k
20221.22-£15k
20221.82

Derived from filed accounts. Not audited figures.