HDCO11 LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-21 (in 6mo)
Last made up 2025-11-07
Watchouts
Cash
£877K
-57.5% vs 2023
Net assets
-£549K
-155.7% vs 2023
Employees
43
0% vs 2023
Profit before tax
£672K
-33% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £28,436,998 | £32,305,508 | |
| Operating profit | — | £1,660,650 | £1,475,448 | |
| Profit before tax | — | £1,003,572 | £672,303 | |
| Net profit | — | £554,280 | £176,753 | |
| Cash | — | £2,064,805 | £877,116 | |
| Total assets less current liabilities | — | £8,604,521 | £6,591,579 | |
| Net assets | — | £986,666 | -£549,480 | |
| Equity | -£423,270 | £986,666 | -£549,480 | |
| Average employees | — | 43 | 43 | |
| Wages | — | £1,989,584 | £2,167,584 | |
| Directors' remuneration | — | £535,259 | £570,539 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+13.6%
£28,436,998 £32,305,508
-
Cash
-57.5%
£2,064,805 £877,116
-
Net assets
-155.7%
£986,666 -£549,480
-
Employees
0%
43 43
-
Operating profit
-11.2%
£1,660,650 £1,475,448
-
Profit before tax
-33%
£1,003,572 £672,303
-
Wages
+8.9%
£1,989,584 £2,167,584
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 5.8% | 4.6% | |
| Net margin | — | 1.9% | 0.5% | |
| Return on capital employed | — | 19.3% | 22.4% | |
| Gearing (liabilities / total assets) | — | 93.3% | 104.3% | |
| Current ratio | — | 0.89x | 0.70x | |
| Interest cover | — | 2.41x | 1.75x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts.”
Group structure
- HDCO11 LIMITED · parent
- MICOM Technologies Limited (Formerly known as Imail Comms Limited) 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BADENHORST, Gerhardus Martin | Director | 2026-01-01 | Mar 1983 | British |
| BARBER, Andrew Mark | Director | 2021-07-16 | Jan 1979 | British |
| BUSWELL, Charles Guy | Director | 2021-09-30 | Sep 1961 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AGAR, Stephen | Director | 2021-09-30 | 2025-12-18 |
| THOMAS, Wayne Leslie | Director | 2021-08-27 | 2025-12-18 |
| WILLIAMS, Jill | Director | 2021-08-27 | 2022-12-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hdc026 Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-12-18 | Active |
| Mr Andrew Mark Barber | Individual | Shares 25–50%, Voting 25–50% | 2024-06-03 | Ceased 2025-12-18 |
| Enterprise Ventures (General Partner Ev Growth Ii) Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2021-09-30 | Ceased 2025-12-18 |
| Mr Andrew Mark Barber | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-07-16 | Ceased 2021-09-30 |
Filing timeline
Last 20 of 51 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-28 MA Memorandum articles
- 2025-12-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-28 | MA | incorporation | Memorandum articles | |
| 2025-12-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-27 | SH08 | capital | Capital name of class of shares | |
| 2025-12-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-15 | AA | accounts | Accounts with accounts type group | |
| 2024-09-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-14 | AA | accounts | Accounts with accounts type group | |
| 2024-06-28 | SH06 | capital | Capital cancellation shares | |
| 2024-06-28 | SH03 | capital | Capital return purchase own shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 3
- Officers appointed
- 1
- Officers resigned
- 2
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.