Twiflex Limited
00404531
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
29/09/2026
Confirmation statement
Last: 13/11/2025
Due 27/11/2026
Industry
Officers
secretary · Since 01/08/2022
director · Since 05/06/2025
VP/GM HEAVY DUTY CLUTCH & BRAKES
GERMAN · GERMANY · Age 63
Also on 2 other boards
Persons with Significant Control
Altra Industrial Motion Uk Limited
C/O Company Secretarial Department, 280 Bishopsgate, London, EC2M 4AG
Reg: 3141672 · Companies House · Limited Company
Notified 01/01/2017
Charges2 outstanding
G N BURGESS PROPERTIES LIMITED
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
MITHRAS INVESTMENT TRUST (AS FACILITY AGENT) AS AGENT FOR ITSELF AND THE OTHER SECURED PARTIES
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
CompanyRankvs 1616+ SIC 32990 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 director with respect to g
Key FinancialsYear ending 31/12/2024
Net Worth
£15.6M
Balance sheet strength
Cash
£8.9M
Cash in the bank
Profit Before Tax
£8.8M
Bottom line earnings
Net Current Assets
£13.3M
Working capital
Current Assets
£19.7M
Current Liabilities
£6.3M
Fixed Assets
£2.5M
Debtors
£7.6M
Admin Expenses
£4.0M
Profit After Tax
£6.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.11 | +£6.6M |
| 2023 | 1.90 | +£3.8M |
| 2022 | 1.26 | -£1.3M |
| 2021 | 1.51 | — |
Derived from filed accounts. Not audited figures.