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Twtg Realisations Limited

00177707

in administration/administrative receiver
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O INTERPATH ADVISORY, 4TH FLOOR TAILORS CORNER, LEEDS, LS1 4DP
Incorporated 07/11/1921

Compliance

Last accounts

31/03/2023

full

Accounts

Up to date

Confirmation statement

Last: 06/01/2024

Due

On track

Industry

46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Officers

Mr Stephen Thomas Wright

director · Since 14/01/1991

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 27 other boards

Mr Stephen Thomas Wright

secretary · Since 24/08/2004

BRITISH · ENGLAND · Age 65

Also on 27 other boards

Mark Rowley Yates

director · Since 15/02/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

T Wright Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Thorite House, Sticker Lane, Bradford, BD4 8BZ

Reg: 11567591 · Companies House · Limited Company

Notified 22/11/2018

Former PSCs

Mr Stephen Thomas Wright

Ceased 22/11/2018

Mr Thomas Edward Wright

Ceased 22/11/2018

Ross Gowler

Ceased 06/04/2016

Alan Donkersley

Ceased 06/04/2016

Insolvency History1 case

in administration

Howard Smith (practitioner) · Richard John Harrison (practitioner)

CompanyRankvs 15+ SIC 46140 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2023

Turnover

£21.2M

Annual revenue

Net Worth

£3.4M

Balance sheet strength

Cash

£913

Cash in the bank

Profit Before Tax

£69k

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£8.0M

Current Liabilities

£6.7M

Fixed Assets

£2.5M

Debtors

£5.4M

Cost of Sales

£16.2M

Gross Profit

£5.0M

Admin Expenses

£4.7M

Operating Profit

£79k

Profit After Tax

-£100k

136avg. employees+4

Tax at Year End

Corp tax£3k
Dividends paid£5k

People Costs

Wages & salaries£4.6M
NI contributions£518k

Balance Sheet

Intangible assets£1
Assets less current liabilities£3.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.19-£110k
20221.25

Derived from filed accounts. Not audited figures.