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Hydergineering Ltd

13705118

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

4 HICKORY CLOSE, COVENTRY, CV2 2NY
Incorporated 26/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production
74100
Specialised design activities

Officers

Mrs Maryam Shafqat

secretary · Since 26/10/2021

Mr Yousuf Ali Hyder Syed

director · Since 26/10/2021

DESIGN ENGINEER

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

Maryam Shafqat

25–50% shares
25–50% votes

Pakistani · United Kingdom · Age 32

4, Hickory Close, Coventry, CV2 2NY

Notified 26/10/2021

Mr Yousuf Ali Hyder Syed

25–50% shares
25–50% votes

British · United Kingdom · Age 36

4, Hickory Close, Coventry, CV2 2NY

Notified 26/10/2021

CompanyRankvs 1698+ SIC 71121 peers
69

Financial strength76th percentile among SIC peers · 19/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.44× · 20/20
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 strength19/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£38k

Balance sheet strength

Cash

£64k

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£64k

Current Liabilities

£26k

2avg. employees

Tax at Year End

Corp tax£6k

Director Loans

Company owes directors£9k

Balance Sheet

Assets less current liabilities£38k
Signed by Mr Yousuf Syed 7 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.44+£11k
20234.21+£14k
20222.61

Derived from filed accounts. Not audited figures.