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Towerglens Limited

01442115

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

TURNER STREET, WEST MIDLANDS, DY1 1TX
Incorporated 06/08/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27120
Manufacture of electricity distribution and control apparatus

Officers

Mr Raymond John Davies

director · Since 27/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 3 other boards

Mrs Nichola Ann Sheppard

secretary · Since 06/04/2011

Also on 2 other boards

Mr Richard Mark Davies

director · Since 11/12/2017

OPERATIONS MANAGER

ENGLISH · ENGLAND · Age 49

Also on 1 other board

Mrs Nichola Ann Sheppard

director · Since 11/12/2017

ACCOUNTS MANAGER

ENGLISH · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Mrs Nichola Ann Sheppard

25–50% shares

English · England · Age 53

Turner Street, West Midlands, DY1 1TX

Notified 05/12/2016

Mr Raymond John Davies

Significant control

British · England · Age 78

Turner Street, West Midlands, DY1 1TX

Notified 05/12/2016

Mr Richard Mark Davies

25–50% shares

English · England · Age 49

Turner Street, West Midlands, DY1 1TX

Notified 05/12/2016

CompanyRankvs 30+ SIC 27120 peers
84

Financial strength84th percentile among SIC peers · 21/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.37× · 20/20
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 strength21/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 30/09/2025

Net Worth

£688k

Balance sheet strength

Cash

£352k

Cash in the bank

Net Current Assets

£581k

Working capital

Current Assets

£826k

Current Liabilities

£245k

Fixed Assets

£107k

Debtors

£275k

21avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£688k
Signed by 2024-10-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20253.37+£0
20253.37+£23k
20242.33+£1k
20232.30+£51k
20222.27+£46k
20211.82+£11k
20202.49-£13k
20191.94+£12k
20182.22—

Derived from filed accounts. Not audited figures.