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Thessco Limited

01819860

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

SUITE 500, NORTHAMPTON, NN1 5JF
Incorporated 29/05/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24410
Precious metals production

Officers

Mr Malcolm Rathbone

director · Since 28/08/1991

DEPUTY CHAIRMAN

BRITISH · ENGLAND · Age 82

Also on 11 other boards

Mr James Andrew Tear

director · Since 07/09/2005

GROUP MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 13 other boards

Mrs Alison Marsh

director · Since 09/07/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr James Andrew Tear

Significant control
significant-influence-or-control-as-firm

British · United Kingdom · Age 58

Suite 500, Unit 2 94a Wycliffe Road, Northampton, NN1 5JF

Notified 20/02/2020

Mrs Pauline Tear

75–100% shares

British · England · Age 91

Suite 500, Unit 2 94a Wycliffe Road, Northampton, NN1 5JF

Notified 18/08/2020

Former PSCs

Mr Paul James Tear

Ceased 20/02/2020

Charges1 outstanding

Charge
satisfied

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outstanding

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Created 11/02/2011Registered 17/02/2011
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satisfied

BARCLAYS BANK PLC

Created 22/04/2010Registered 28/04/2010Satisfied 02/02/2011
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satisfied

FORTIS COMMERCIAL FINANCE LIMITED

Created 06/04/2010Registered 13/04/2010Satisfied 01/12/2017
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satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 10/11/2009Registered 25/11/2009Satisfied 17/02/2011
charge
satisfied

BANK OF SCOTLAND PLC

Created 10/11/2009Registered 17/11/2009Satisfied 19/01/2011
charge
satisfied

BANK OF SCOTLAND PLC

Created 09/11/2007Registered 17/11/2007Satisfied 10/04/2010
charge
satisfied

BANK OF SCOTLAND PLC

Created 09/11/2007Registered 17/11/2007Satisfied 04/12/2009
charge
satisfied

HSBC BANK PLC

Created 17/05/2006Registered 25/05/2006Satisfied 18/03/2008
charge
satisfied

HSBC BANK PLC

Created 02/10/2003Registered 04/10/2003Satisfied 18/03/2008
charge
satisfied

MIDLAND BANK PLC

Created 15/09/1999Registered 04/10/1999Satisfied 18/03/2008
charge
satisfied

BARCLAYS BANK PLC

Created 28/02/1992Registered 18/03/1992Satisfied 07/10/2006
charge
satisfied

SAMUEL MONTAGU & CO. LIMITED

Created 06/08/1991Registered 14/08/1991Satisfied 24/01/2000
charge
satisfied

SAMUEL MONTAGU & CO LIMITED

Created 17/07/1991Registered 02/08/1991Satisfied 24/01/2000
charge
satisfied

SECURITY PACIFIC DISCOUNT LIMITED

Created 15/04/1987Registered 23/04/1987Satisfied 29/01/1992
charge
satisfied

BARCLAYS BANK PLC

Created 29/01/1985Registered 30/01/1985Satisfied 04/12/1993
charge
satisfied

BARCLAYS BANK PLC

Created 21/08/1984Registered 07/09/1984
charge
satisfied

INVESTORS IN INDUSTRY PLC

Created 31/07/1984Registered 02/08/1984Satisfied 04/12/1993

CompanyRankvs 15+ SIC 24410 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£31.7M

Annual revenue

Net Worth

£4.5M

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

£142k

Bottom line earnings

Net Current Assets

-£262k

Working capital

Current Assets

£7.5M

Current Liabilities

£7.8M

Fixed Assets

£5.6M

Debtors

£2.8M

Cost of Sales

£29.8M

Gross Profit

£1.9M

Admin Expenses

£872k

Profit After Tax

-£28k

61avg. employees-18

People Costs

Wages & salaries£1.3M
NI contributions£115k

Balance Sheet

Intangible assets£91k
Assets less current liabilities£5.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20210.97-£28k
20200.95-£47k
20190.98—

Derived from filed accounts. Not audited figures.