Back to search

Hiwot Limited

14196579

active
Private Limited Company
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

155 LINTHROPE ROAD, MIDDLESBROUGH, TS1 4AG
Incorporated 27/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores
56290
Other food service activities

Officers

Mr Michael Haile Redae

director · Since 01/02/2025

BUSINESS

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Michael Haile Redae

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

British · England · Age 34

155, Linthrope Road, Middlesbrough, TS1 4AG

Notified 01/02/2025

Former PSCs

Mrs Meron Woldekidan

Ceased 17/02/2025

CompanyRankvs 5297+ SIC 47290 peers
34

Financial strength22th percentile among SIC peers · 6/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength6/25 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.

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 30/06/2025

Net Worth

-£2k

Balance sheet strength

Cash

£184

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£184

Current Liabilities

£5k

Fixed Assets

£3k

2avg. employees+1

Tax at Year End

Corp tax£519

Director Loans

Company owes directors£5k

Balance Sheet

Assets less current liabilities-£2k
Signed by Mrs Meron WOLDEKIDAN 09/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£835
20240.04-£315
20230.04

Derived from filed accounts. Not audited figures.