Back to search

Houghton Le Spring Tec Limited

14446596

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BRANDLING GUEST HOUSE, NEWCASTLE UPON TYNE, NE2 4QA
Incorporated 27/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians

Officers

Mr Vik Kumar

director · Since 01/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Vikash Kumar

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

British · United Kingdom · Age 51

11 Newbottle Street, Tynedale Eye Clinic, Houghton Le Spring, DH4 4AN

Notified 27/10/2022

Former PSCs

Dr Helena Habibi

Ceased 09/12/2023

CompanyRankvs 1759+ SIC 47782 peers
29

Financial strength8th percentile among SIC peers · 2/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£23k

Balance sheet strength

Cash

£2

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£48k

Current Liabilities

£85k

Fixed Assets

£14k

Debtors

£21k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.57-£26k
20230.52

Derived from filed accounts. Not audited figures.