The Firmwatch take
Shop Honu Ltd (11518426) currently shows: At risk signal detected, based on accounts to 31 December 2024; last refreshed 24 May 2026. Net liabilities of £251k — assets do not cover obligations.
Companies House source·Accounts to 31 Dec 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
15 August 2018
7 years on the register
Sector
Retail sale via mail order houses or via Internet
SIC 47910
Size
Not classified
Net assets
−£251k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£251k
Bottom 10% in sector · sector median £847 · 137,205 retailers
Cash
Not disclosed
Working cap.
−£252k
Median £3k
Current ratio
0.3×
Median 1.1×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Retail
How this company compares in 137,205 retailers
Bottom 10% in sector — Shop Honu Ltd shows −£251k in net assets. Sector median is £847.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- BD
BUCK, Daniel Paul
director · since 2018
Registered office
Address intelligence
88 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Address pattern · CH64 8TP
88 other UK companies registered at this postcode.
Active
72
Dissolved
2
Strike-off action
12
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.