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Heys Scientific Limited

14446855

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

HORNBY INSTITUTE, LANCASTER, LA2 8JR
Incorporated 27/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities
74100
Specialised design activities

Officers

Mrs Lucy Catherine Collins

director · Since 27/10/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Julian Lloyd Pennington

25–50% shares
25–50% votes

British · United Kingdom · Age 57

39, The Heys, Chorley, PR7 4NX

Notified 27/10/2022

Mrs Lucy Catherine Collins

25–50% shares
25–50% votes

British · United Kingdom · Age 56

39, The Heys, Chorley, PR7 4NX

Notified 27/10/2022

CompanyRankvs 2850+ SIC 71121 peers
61

Financial strength67th percentile among SIC peers · 17/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.95× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/10/2023

Net Worth

£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£26k

Current Liabilities

£9k

Fixed Assets

£1k

Debtors

£25k

1avg. employees

Balance Sheet

Assets less current liabilities£18k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20232.95

Derived from filed accounts. Not audited figures.