Tower Machine Tools Limited
01246818
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 14/12/2025
Due 28/12/2026
Industry
Officers
Former
director · Resigned 31/08/1994
director · Resigned 28/06/2001
director · Resigned 19/08/2005
director · Resigned 09/12/2025
Persons with Significant Control
Tower Steel (Holdings) Limited
One Ground Floor, 3 London Square, Guildford, GU1 1UJ
Reg: 01041209 · England & Wales · Limited Company
Notified 06/04/2016
Charges1 outstanding
CLYDESDALE BANK PLC
LLOYDS BANK PLC
GIRARD BANK
CLYDESDALE BANK LIMITED
Change History
Active
Private Limited Company
ONE GROUND FLOOR 3 LONDON SQUARE
GUILDFORD
CompanyRankvs 662+ SIC 46140 peers63
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£256k
Balance sheet strength
Cash
£26k
Cash in the bank
Net Current Assets
£106k
Working capital
Current Assets
£165k
Current Liabilities
£59k
Fixed Assets
£169k
Debtors
£91k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.80 | -£16k |
| 2023 | 3.06 | -£44k |
| 2022 | 3.32 | +£27k |
| 2021 | 1.43 | -£12k |
| 2020 | 3.22 | -£39k |
| 2019 | 2.65 | -£36k |
| 2018 | 1.77 | +£4k |
| 2017 | 1.73 | — |
Derived from filed accounts. Not audited figures.