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Hiwell Ltd

13820254

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

5 BEAUFORT COURT, LONDON, E14 9XL
Incorporated 29/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets
62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Ali Ozan Ozcicek

director · Since 29/12/2021

DIRECTOR

TURKISH · TURKEY · Age 32

Persons with Significant Control

Mr Ali Ozan Ozcicek

50–75% shares

Turkish · Turkey · Age 32

284, Chase Road, London, N14 6HF

Notified 29/12/2021

CompanyRankvs 18818+ SIC 47990 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.11× · 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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18818Hiwell Ltd
38
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.

Employees7/15 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/12/2024

Net Worth

-£421k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.0M

Fixed Assets

£6k

Debtors

£5k

1avg. employees

Director Loans(2023)

Directors owe company£11k

Balance Sheet

Intangible assets£5k
Assets less current liabilities£122k
Signed by Mr A Ozcicek,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11-£226k
20230.30-£142k
20220.24—

Derived from filed accounts. Not audited figures.