Hispec Electrical Holdings Limited
15191163
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/10/2023
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 3 other boards
director · Since 05/10/2023
DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 2 other boards
Persons with Significant Control
Mr Christopher Ralph Hugh Loughlin
British · England · Age 35
21, Drumhead Road, Chorley, PR6 7BX
Notified 05/10/2023
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 925+ SIC 46520 peers50
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce
Key FinancialsYear ending 31/03/2024
Turnover
£1.6M
Annual revenue
Net Worth
£16.1M
Balance sheet strength
Cash
£235k
Cash in the bank
Profit Before Tax
-£371k
Bottom line earnings
Net Current Assets
£2.3M
Working capital
Current Assets
£7.1M
Current Liabilities
£4.9M
Fixed Assets
£16.8M
Debtors
£3.0M
Cost of Sales
£1.1M
Gross Profit
£550k
Admin Expenses
£880k
Operating Profit
-£330k
Profit After Tax
-£357k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.46 |
Derived from filed accounts. Not audited figures.