# HUGH RICE LIMITED (02065159)

> HUGH RICE LIMITED is an active private limited company (company number 02065159) incorporated on 17 October 1986, registered in Hull. Its registered activity is retail sale of watches and jewellery in specialised stores (SIC 47770). Latest medium accounts cover the period ending 31 December 2024, showing net assets of −£2.55m and cash of £1,680, with 56 employees on average. Turnover was £12.29m and profit for the year £73k. Net assets rose 3% on the prior period (−£2.62m).

- Status: Active
- Incorporated: 1986-10-17
- Registered office: Hull, HU2 8LN
- SIC 47770: Retail sale of watches and jewellery in specialised stores
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-10-31
- Accounts type: MEDIUM

By net assets it sits in the bottom quarter of 529 comparable companies in Other (median £19k, upper quartile £142k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£2.55m | £1,680 | £1.38m | — | £12.29m | £73k | 56 |
| 2023-12-31 | −£2.62m | £2,830 | £1.44m | — | £12.51m | £444k | 56 |
| 2022-12-31 | — | — | — | — | — | — | — |

net margin 0.6%; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-2,547,076 at 31 December 2024
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 17 October 1986
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Mike Rice — owns 25–50% of shares, since 2016-04-06
- Mr Paul John Rice — owns 25–50% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02065159
HTML: https://firmoscan.com/company/02065159-hugh-rice-limited