HEL LIMITED
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Cash
£89K
-89% vs 2023
Net assets
£9M
-7.6% vs 2023
Employees
54
-5.3% vs 2023
Profit before tax
-£883K
-252.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Long term debt, with covenants breached and maturity in Sep 2025, requires refinancing. Discussions with funders are underway, but this adds a significant level of uncertainty, leading directors to conclude there remains a material uncertainty in relation to going concern.
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-06-30
| Metric | Trend | 2023-06-30 | 2024-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £10,067,880 | £8,677,122 | -13.8% | |
| Operating profit | £584,395 | -£834,281 | -242.8% | |
| Profit before tax | £579,800 | -£883,137 | -252.3% | |
| Net profit | £612,036 | -£703,337 | -214.9% | |
| Cash | £804,925 | £88,616 | -89% | |
| Total assets less current liabilities | £9,858,227 | £9,106,994 | -7.6% | |
| Net assets | £9,242,458 | £8,539,121 | -7.6% | |
| Equity | £9,242,458 | £8,539,121 | -7.6% | |
| Average employees | 57 | 54 | -5.3% | |
| Wages | £2,259,355 | £2,351,549 | +4.1% | |
| Directors' remuneration | £505,535 | £387,375 | -23.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Operating margin | 5.8% | -9.6% | |
| Net margin | 6.1% | -8.1% | |
| Return on capital employed | 5.9% | -9.2% | |
| Gearing (liabilities / total assets) | 39.3% | 43.2% | |
| Current ratio | 2.58x | 2.33x | |
| Interest cover | 127.18x | -17.08x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- HEL LIMITED 2003-01-15 → present
- HAZARD EVALUATION LABORATORY LIMITED 1987-09-03 → 2003-01-15
- WIDEPLANET LIMITED 1987-07-14 → 1987-09-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Larking Gowen LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Long term debt, with covenants breached and maturity in Sep 2025, requires refinancing. Discussions with funders are underway, but this adds a significant level of uncertainty, leading directors to conclude there remains a material uncertainty in relation to going concern.”
Group structure
- HEL LIMITED · parent
- HEL, Inc. 100%
- Hazard Evaluation Laboratories (Consultants) Limited 100%
- HEL Trading (Beijing) Limited 100%
- HEL India Private Limited 100%
Significant events
- “The group experienced delayed cash remittances from customers in China during the beginning of the new FY25 financial year. As a result, to provide contingency funding the group took an additional financing of £665k from the existing lenders which completed on 25 October 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROBINSON, Kevin John | Director | 2025-09-18 | Nov 1957 | British |
| SINGH, Jasbir | Director | 2025-12-01 | Jul 1953 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SINGH, Jasbir, Dr | Secretary | — | 2018-09-17 |
| STURGEON, Paul Stuart | Secretary | 2018-09-17 | 2025-11-20 |
| APPLETON, Mark Stewart | Director | 2018-03-23 | 2021-05-03 |
| BERENBLUT, Brian Joseph, Dr | Director | — | 2018-03-23 |
| DHALLU, Gurchetan Singh | Director | 2018-03-23 | 2019-07-31 |
| DIXEY, Andrew Roger | Director | 2018-03-23 | 2018-03-23 |
| EGGLESTON, Roy | Director | 2018-03-23 | 2025-07-30 |
| GARDNER, Gerard Terence Bowker, Dr | Director | 2018-03-23 | 2023-05-21 |
| MADDEN, Margaret Louise | Director | 2019-03-04 | 2025-10-07 |
| SINGH, Jasbir, Dr | Director | — | 2021-05-03 |
| STURGEON, Paul Stuart | Director | 2018-09-17 | 2025-11-20 |
| WALDRAM, Simon Patrick | Director | 1992-02-01 | 2009-06-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| H.E.L. Machinery Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-08-07 | Active |
| Hel Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-03-23 | Ceased 2025-08-07 |
| Dr Brian Joseph Berenblut | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-03-23 |
| Dr Jasbir Singh | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2018-03-23 |
Filing timeline
Last 20 of 177 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-19 | AA01 | accounts | Change account reference date company previous extended | |
| 2026-01-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-07 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-09-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.