Independent Twine Manufacturing Company Limited
01247981
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/09/2025
total exemption full
Next accounts due
30/06/2027
Confirmation statement
Last: 15/01/2026
Due 29/01/2027
Industry
Officers
Stephen John Waite
secretary
British
Steve Aldred
director · Since 31/03/2025
British
Robert Keith Macguire
director
British
Stephen John Waite
director
British
CompanyRankvs 105+ SIC 13940 peers79
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Going concern The global pandemic of the Covid-19 virus has impacted a lot of businesses around the world. In considering the company's ability to continue as a going concern, the directors of Indepen
Key FinancialsYear ending 30/09/2025
Net Worth
£5.4M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Net Current Assets
£2.9M
Working capital
Current Assets
£3.5M
Current Liabilities
£554k
Fixed Assets
£2.6M
Debtors
£551k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 6.29 | +£23k |
| 2024 | 5.28 | +£344k |
| 2023 | 4.82 | — |
Derived from filed accounts. Not audited figures.