Hughes Business Solutions Ltd
13955375
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/03/2022
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 3 other boards
director · Since 30/06/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 15 other boards
director · Since 30/06/2023
SYSTEMS & PROJECTS DIRECTOR
DUTCH · ENGLAND · Age 58
Also on 1 other board
Persons with Significant Control
Hughes Electrical Limited
Hughes Electrical, Mobbs Way, Lowestoft, NR32 3AL
Reg: 00406069 · Companies House · Private Company Limited By Shares
Notified 30/06/2023
Former PSCs
Cromwell Business Systems Limited
Ceased 30/06/2023
CompanyRankvs 369230+ SIC 62020 peers58
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2023
Net Worth
£1
Balance sheet strength
Cash
£255k
Cash in the bank
Net Current Assets
£201k
Working capital
Current Assets
£255k
Current Liabilities
£54k
Debtors
£1
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 4.72 |
Derived from filed accounts. Not audited figures.