VICTOR HYDON LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -91.2%

  £20,175,288 → £1,780,940

• Cash

  -99.6%

  £3,262,091 → £14,294

• Net assets

  -33.9%

  £3,371,178 → £2,227,414

  first positive since 2022

• Employees

  -32.8%

  67 → 45

• Operating profit

  -126.2%

  £4,993,459 → -£1,310,322

• Profit before tax

  -128.3%

  £4,608,571 → -£1,305,721

  lowest in 3 filed years

• Wages

  -20.3%

  £1,633,845 → £1,302,819

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Bache Brown & Co Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. VICTOR HYDON LIMITED · parent
   1. 2000K Ltd 100% · England and Wales

Significant events

• “During the financial year, the company experienced a decline in revenue due to two primary factors. Firstly, one of the company's largest clients entered administration, resulting in a cessation of their purchasing activity. Secondly, the company previously processed consumer tax claims, a line of business that concluded during the year.”
• “The company plans to strengthen and expand its car finance claims proposition, capitalising on continued demand and its expertise in discretionary commission arrangements. In addition, the business intends to introduce a complementary service to process tax claims for successful car finance claimants who have had tax deducted from their refunds.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.