Active07948437Private limited companyGateshead

HYPERDRIVE INNOVATION LTD

C59/100

Owned by Hyperdrive Innvovation Holding Ltd (75–100%)

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

HYPERDRIVE INNOVATION LTD is an active private limited company (company number 07948437) incorporated on 14 February 2012, registered in Gateshead. Its registered activity is manufacture of batteries and accumulators (SIC 27200). Latest full accounts cover the period ending 31 December 2024, showing net assets of £640k and cash of £53k, with 52 employees on average. Net assets fell 50% on the prior period (£1.27m).

Peer position · net assets

By net assets it sits in the top quarter of 169 comparable companies in the UK (median £1,000, upper quartile £102k).

02

Key dates

Incorporated
14 February 201214 yrs ago
Next accounts due
30 September 202622 days overdue
Confirmation statement due
28 February 2027in 129 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 27200
Manufacture of batteries and accumulators
SIC 29310
Manufacture of electrical and electronic equipment for motor vehicles and their engines
SIC 74100
Specialised design activities
Accounts type
Full
Size band
SmallCompanies Act thresholds
04

Financials

3 periods on record · latest ending 31 December 2024
Net assets
£640k
−50%vs Dec 2023
Cash at bank
£53k
−92%vs Dec 2023
Turnover
Not reported
Employees
52
−20%vs Dec 2023
Net assets
£640k
Cash at bank
£53k
Profit for the year
−£630k
Average employees
52
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 December 2024£640k£53k£8.19m£15.31m—−£630k52
31 December 2023£1.27m£636k£7.02m£6.78m—−£888k65
31 December 2022———————
Current ratio1.35Current assets ÷ creditors within one year
Cash per employee£1,028Cash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

05

Firmoscan score

Rules-based · every point shows its evidence
59 / 100 · grade C
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
+10Positive net assetsNet assets £639,721 at 2024-12-31
−8Net assets falling-49.6% vs prior period
+4Cash reservesCash £53,458
+5Multi-year filing history3 periods on record
+8EstablishedIncorporated 2012-02-14 (15 years)
−10Accounts overdueDue 2026-09-30
59Score, grade C

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

06

Ownership and control

1 active
  • Hyperdrive Innvovation Holding Ltd
    corporate entity, England · since 6 April 2016
    • owns 75–100% of shares
    • holds 75–100% of voting rights
    • can appoint or remove directors

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Confirmation statement duein 129 days
  2. Next accounts due22 days overdue
  3. Accounts period endNet assets £640k · full accounts
  4. Accounts period endNet assets £1.27m · full accounts
  5. Accounts period end
  6. Incorporated
08

Similar companies in Newcastle

Same activity (manufacture of batteries and accumulators), closest in incorporation date
09

Reminders for HYPERDRIVE INNOVATION LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.