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Hydrogen Afloat Limited

13756478

active
Private Limited Company
england wales
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

MORTIMER HOUSE 49 CHURCH STREET, READING, RG7 5BX
Incorporated 22/11/2021

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 04/01/2026

Due 18/01/2027

On track

Industry

71129
Other engineering activities

Officers

Mr Nicholas Dean Swift

director · Since 22/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mr Nicholas Dean Swift

25–50% shares
25–50% votes

British · England · Age 57

Mortimer House, 49 Church Street, Reading, RG7 5BX

Notified 22/11/2021

Former PSCs

Ms Rachel Sandra Mc Crory

Ceased 22/11/2021

CompanyRankvs 21652+ SIC 71129 peers
33

Financial strength26th percentile among SIC peers · 7/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength7/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£100

Balance sheet strength

Cash

£441

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£583

Current Liabilities

£65k

Fixed Assets

£39k

Debtors

£142

1avg. employees

Balance Sheet

Intangible assets£33k
Assets less current liabilities-£26k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.01
20230.10
20220.01

Derived from filed accounts. Not audited figures.