Back to search

Thwaites Limited

00387579

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

WELSH ROAD, LEAMINGTON SPA, CV32 7NQ
Incorporated 13/05/1944

Compliance

Last accounts

31/08/2025

full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 27/03/2026

Due 10/04/2027

On track

Industry

28220
Manufacture of lifting and handling equipment

Officers

Rt Hon The Lord Gilbert Michael Hamilton Dulverton

director · Since 06/04/1991

FARMER

BRITISH · ENGLAND · Age 82

Mr Robert Ian Hamilton Wills

director · Since 22/12/1992

FARMER

BRITISH · UNITED KINGDOM · Age 78

Also on 6 other boards

Ian Charles Metcalfe Brown

director · Since 01/09/1997

DEPUTY CHAIRMAN

BRITISH · ENGLAND · Age 67

Mr Simon Kimberley Hill

secretary · Since 22/12/2015

Also on 1 other board

Mr Simon Kimberley Hill

director · Since 24/03/2016

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

The Hon. Robert Anthony Wills

director · Since 11/04/2018

ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Persons with Significant Control

Lord Michael Dulverton

25–50% shares

British · England · Age 82

Welsh Road, Leamington Spa, CV32 7NQ

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 04/01/2024Registered 05/01/2024
charge
satisfied

MIDLAND BANK PLC

Created 09/06/1993Registered 10/06/1993Satisfied 14/07/1995
charge
outstanding

MIDLAND BANK PLC

Created 09/06/1993Registered 10/06/1993

CompanyRankvs 15+ SIC 28220 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.98× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

Outstanding charges: -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 going concern are d

Key FinancialsYear ending 31/08/2025

Net Worth

£38.0M

Balance sheet strength

Cash

£7.0M

Cash in the bank

Profit Before Tax

£6.0M

Bottom line earnings

Net Current Assets

£26.7M

Working capital

Current Assets

£40.2M

Current Liabilities

£13.5M

Fixed Assets

£20.7M

Debtors

£17.0M

Admin Expenses

£4.4M

Profit After Tax

£4.5M

282avg. employees+4

Tax at Year End

Corp tax£365k
Dividends paid£4.0M

Balance Sheet

Intangible assets£209k
Bank loans & overdrafts£8.0M
Assets less current liabilities£47.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.98+£468k
20243.18+£546k
20233.29

Derived from filed accounts. Not audited figures.