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Hyspec Joinery Ltd

13852926

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

25/30
Filing
20/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)

Details

6 TOTNES DRIVE, SOUTHPORT, PR9 9GH
Incorporated 17/01/2022

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 16/01/2026

Due 30/01/2027

On track

Industry

43320
Joinery installation

Officers

Mr Neil O'Malley

director · Since 17/01/2022

JOINER

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Neil O'Malley

75–100% shares
75–100% votes
Appoint directors

British · England · Age 45

1st Floor, Fairclough House, Church Street, Chorley, PR7 4EX

Notified 17/01/2022

Insolvency History1 case

creditors voluntary liquidation27/04/2026

Jasmine Baxter (practitioner) · Rikki Burton (practitioner)

CompanyRankvs 4580+ SIC 43320 peers
53

Financial strength78th percentile among SIC peers · 20/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees3/15 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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/01/2025

Turnover

£310k

Annual revenue

Net Worth

£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£70k

Current Liabilities

£27k

Fixed Assets

£18k

Profit After Tax

£97k

1avg. employees

Balance Sheet

Depreciation£7k
Assets less current liabilities£62k
Signed by 1.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20252.60+£42k
20240.64-£9k
20230.96

Derived from filed accounts. Not audited figures.