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HEARING DIRECT LIMITED
UNIT 1-3 HILLTOP BUSINESS PARK, DEVIZES ROAD, SALISBURY, WILTSHIRE, SP3 4UFPrevious name: SHOO 474 LIMITED (changed on 29-Aug-2009)
Company Number: 06967190
Incorporation date: 20-Jul-2009
Status: Liquidation
Entity type: Private Limited Company
SIC codes:
47741 Retail sale of hearing aids
47910 Retail sale via mail order houses or via Internet
SUMMARY
This company is 14.7 years old and is currently liquidation. It is controlled by Mr Mark Andrew Georgevic. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -636.9 thousand which has worsened since the previous year's figure of GBP -443.9 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -343 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -1.5 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 1 active officers (directors or partners) who are or were officers of 4 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 31-Dec-2021Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-2020)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Mar-2020 | GBP | 435,041 | 750,457 | 1,422,026 | 155,000 | 114,467 | 643,698 | -1,545,037 | -636,872 |
31-Mar-2019 | GBP | 385,829 | 703,448 | 1,151,226 | 155,000 | 114,467 | 643,698 | -1,202,044 | -443,879 |
31-Mar-2018 | GBP | 277,228 | 570,787 | 759,009 | 239,117 | 114,467 | 643,698 | -1,005,143 | -246,978 |
31-Mar-2017 | GBP | 152,774 | 513,265 | 631,823 | 180,117 | 104,964 | 291,042 | -535,165 | -139,159 |
31-Mar-2016 | GBP | 154,171 | 434,362 | 442,703 | 180,117 | 104,964 | 291,042 | -521,464 | -125,458 |
31-Mar-2015 | GBP | 111,567 | 254,687 | 309,825 | 170,117 | 104,964 | 291,042 | -564,380 | -168,374 |
31-Mar-2014 | GBP | 136,510 | 229,787 | 302,076 | 170,117 | 104,964 | 291,042 | -586,766 | -190,760 |
31-Mar-2013 | GBP | 92,559 | 143,794 | 163,770 | 170,117 | 104,964 | 293,692 | -565,730 | -167,074 |
31-Mar-2012 | GBP | 95,874 | 141,419 | 161,137 | 170,117 | 92,159 | 179,205 | -440,711 | -169,347 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Mar-2018 | GBP | 8.30% | 362,159 | 4,000,174 | 4,362,333 | 4,175,870 |
31-Mar-2013 | GBP | 12.20% | 127,292 | 916,135 | 1,043,427 | 1,055,681 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | SRLV LLP | 01 Jan 2021 | 29 Mar 2024 | 64 - 73 | ||
Resigned | NEW BOND STREET REGISTRARS LIMITED | 31 Mar 2016 | 31 Dec 2020 | 0 - 135 | ||
Resigned | BOND STREET REGISTRARS LIMITED | 01 Jan 2013 | 31 Mar 2016 | 0 - 217 | ||
Resigned | ORTLAND REGISTRARS LIMITED | 14 Oct 2010 | 01 Jan 2013 | 0 - 1 | ||
Resigned | Stuart CANTERBURY | 19 Oct 2009 | 14 Oct 2010 | 0 - 1 | ||
Resigned | SHOOSMITHS SECRETARIES LIMITED | 20 Jul 2009 | 19 Oct 2009 | 81 - 750 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Resigned | Alexander Jan FORTESCUE | 05 Feb 2011 | 24 Aug 2015 | None | British | 3 - 34 | 12 (32.4%) |
Resigned | Jeffrey Joseph MURPHY | 04 Jan 2011 | 30 Jul 2012 | None | British | 0 - 14 | 10 (71.4%) |
Resigned | Gary HILL | 19 Oct 2009 | 01 Dec 2020 | Marketing Manager | British | 1 - 3 | 3 (75.0%) |
Active | Stuart David Edward CANTERBURY | 19 Oct 2009 | Consultant | British | 1 - 5 | 6 (100.0%) | |
Resigned | Christopher ORMROD | 26 Aug 2009 | 19 Oct 2009 | Company Director | British | 2 - 12 | 4 (28.6%) |
Resigned | Sanjeev Kumar SHARMA | 20 Jul 2009 | 26 Aug 2009 | Solicitor | British | 3 - 38 | 23 (56.1%) |
Average tenure of active directors: 14.5 years
Average tenure of resigned directors: 3.5 years
Average active director Dissolution Rate: 100.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
||
---|---|---|
RED STILTON LIMITED (06392240) - Dissolved | ✔ | |
S & G ADLER LTD (06527065) - Dissolved | ✔ | |
HEARING DIRECT LIMITED (06967190) - Liquidation | ✔ | |
HD SHIPPING LIMITED (11172800) - Dissolved | ✔ | |
HD ACCESSORIES LIMITED (11556406) - Active - Proposal to Strike off | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
HEARING DIRECT LIMITED
Controlled companies below
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
47741 Retail sale of hearing aids)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
SCRIVENS LIMITED | SCRIVENS HOUSE, 60 ISLINGTON ROW MIDDLEWAY, EDGBASTON, BIRMINGHAM, B15 1PH | 00377588 | 2017-10-29 | 39,338,438 | 1,832,398 |
47782-Retail sale by opticians |
LIQUIDATION RISK (BETA)
This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
Company status | 100.0% | 99.4% | 99.9% | High |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.7% | 3.3% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.5% | 2.1% | 4.2% | Medium |
Accounting Month | 0.5% | 1.8% | 3.9% | Medium |
Sic code count | 0.8% | 3.8% | 7.5% | Medium |