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Hourglass Staffing Ltd

14019133

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

NATIONAL HOUSE 60-66, LONDON, W1F 0TA
Incorporated 01/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr Dean Justin Covill

director · Since 01/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mr Graham Paul Smith

director · Since 01/04/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Tripod Group Ltd

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

National House 60-66, Wardour Street, London, W1F 0TA

Reg: 09580248 · Uk Register Of Companies · Private Company Limited By Shares

Notified 01/04/2022

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 29/11/2022Registered 06/12/2022
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 26/08/2022Registered 01/09/2022
Charge
outstanding

HSBC UK BANK PLC

Created 24/08/2022Registered 25/08/2022

CompanyRankvs 12027+ SIC 78200 peers
27

Financial strength36th percentile among SIC peers · 9/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength9/25 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.

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2023

Net Worth

£100

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£136k

Working capital

Current Assets

£279k

Current Liabilities

£415k

Debtors

£271k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.67
20220.43

Derived from filed accounts. Not audited figures.