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Hug Enterprises Ltd

13904880

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

KB HOUSE JUNIPER COURT, ALTRINCHAM, WA15 8AB
Incorporated 09/02/2022

Compliance

Last accounts

28/02/2026

micro entity

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 04/12/2025

Due 18/12/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Paul Sweeney

director · Since 18/07/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 7 other boards

Mr Matthew Horan

director · Since 02/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Hug Agency Ltd

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

Block 1 Bracken Business Park, Bracken Road, Dublin, D18 H283

Reg: 732729 · Companies Registration Office · Limited Company

Notified 19/07/2023

Former PSCs

Mr Owain Edward-Jones Wilson

Ceased 19/07/2023

Charges0 outstanding

Charge
satisfied

QUBA SOLUTIONS LIMITED

Created 16/06/2023Registered 16/06/2023Satisfied 20/03/2024

CompanyRankvs 44131+ SIC 62012 peers
33

Financial strength5th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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44131Hug Enterprises Ltd
33
How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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.

Longevity4/15 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 28/02/2025

Net Worth

-£85k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£86k

Working capital

Current Assets

£14k

Current Liabilities

£100k

2avg. employees

Balance Sheet

Assets less current liabilities-£85k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14-£79k
20240.65—
20232.04—

Derived from filed accounts. Not audited figures.