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Independent Twine Manufacturing Company Limited

01247981

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WEST BANK, WREXHAM, LL12 0PZ
Incorporated 09/03/1976

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 15/01/2026

Due 29/01/2027

On track

Industry

13940
Manufacture of cordage, rope, twine and netting

Officers

Mr Stephen John Waite

secretary · Since 30/09/1991

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mr Robert Keith Macguire

director · Since 30/09/1991

CFO

BRITISH · ENGLAND · Age 81

Also on 1 other board

Mr Stephen John Waite

director · Since 30/09/1991

SALES DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Steve Aldred

director · Since 31/03/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Robert Keith Macguire

25–50% shares
25–50% votes

British · England · Age 81

West Bank, Wrexham, LL12 0PZ

Notified 13/12/2016

Mr Stephen John Waite

25–50% shares
25–50% votes

British · England · Age 76

West Bank, Wrexham, LL12 0PZ

Notified 13/12/2016

Steve Aldred

Significant control

British · England · Age 62

West Bank, Wrexham, LL12 0PZ

Notified 31/03/2025

Charges1 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 29/11/2019Registered 02/12/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/02/2009Registered 18/02/2009Satisfied 16/02/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/09/2008Registered 11/09/2008Satisfied 16/02/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/07/2006Registered 14/07/2006Satisfied 16/02/2023
charge
satisfied

VENTURE FINANCE PLC

Created 02/06/2004Registered 04/06/2004Satisfied 16/02/2023
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 07/03/2002Registered 11/03/2002Satisfied 08/03/2007
charge
satisfied

CONFIDENTIAL INCOICE DISCOUNTING LIMITED

Created 30/06/2000Registered 04/07/2000Satisfied 21/06/2005
charge
satisfied

LLOYDS TSB BANK PLC

Created 21/12/1999Registered 24/12/1999Satisfied 08/03/2007
charge
satisfied

LLOYDS TSB BANK PLC

Created 10/12/1999Registered 16/12/1999Satisfied 08/03/2007
charge
satisfied

LLOYDS BANK PLC

Created 20/10/1988Registered 24/10/1988Satisfied 08/03/2007
charge
satisfied

NORWICH GENERAL TRUST LIMITED

Created 22/07/1983Registered 28/07/1983Satisfied 11/06/2005
charge
satisfied

LLOYDS BANK PLC

Created 11/04/1983Registered 18/04/1983Satisfied 08/03/2007

CompanyRankvs 15+ SIC 13940 peers
69

Financial strength100th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.29× · 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
1Tildenet Ltd
90
2Independent Twine Manufacturing Company Limited
89
3Trunet (Uk) Limited
89
4Mattelle Net Limited
88
5Trans-Web Limited
86
6Southern Ropes Uk Ltd
85
7Boris Net Company Limited
84
8Nationwide Splicing & Rope Services Limited
84
9Textile Enterprises Ltd
83
10Netting Services (Northern) Limited
82
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.

Employees14/15 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

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

30avg. employees

Tax at Year End(2024)

Corp tax£129k

Balance Sheet

Assets less current liabilities£5.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.29+£23k
20245.28+£344k
20234.82—

Derived from filed accounts. Not audited figures.