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Totac Systems Limited

00702403

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

ASH HALL, COWBRIDGE, CF71 7SY
Incorporated 05/09/1961

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 31/07/2025

Due 14/08/2026

On track

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr John Wilson Phillips

director · Since 31/07/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 91

Also on 33 other boards

Mr John Wilson Phillips

secretary · Since 01/04/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 91

Also on 33 other boards

Mr David John Phillips

director · Since 06/04/2014

ADMINISTRATOR

BRITISH · WALES · Age 54

Also on 1 other board

Persons with Significant Control

Mr Richard Arthur Phillips

25–50% shares

British · United States · Age 52

Ash Hall, Cowbridge, CF71 7SY

Notified 06/04/2016

Mr David John Phillips

25–50% shares

British · Wales · Age 54

Ash Hall,, Ash Hall, Cowbridge, CF71 7SY

Notified 06/04/2016

Former PSCs

Mrs Charlotte Elizabeth Jaufurally

Ceased 01/02/2017

CompanyRankvs 5131+ SIC 71121 peers
44

Financial strength8th percentile among SIC peers · 2/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£788

Current Liabilities

£9k

Fixed Assets

£56

2avg. employees

Balance Sheet

Assets less current liabilities-£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£1k
20230.12-£914
20220.07-£913
20210.11-£868
20200.16-£823
20190.20-£815
20180.27

Derived from filed accounts. Not audited figures.