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Thornswift Limited

02140779

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

7-8 RITZ PARADE, LONDON, W5 3RA
Incorporated 18/06/1987

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 20/08/2025

Due 03/09/2026

On track

Industry

43342
Glazing

Officers

Mr Mustafabhai Husainbhai Vanat

director · Since 14/12/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Mr Abbas Husainbhai Vanat

secretary · Since 01/04/2006

BUSINESS MANAGMENT

BRITISH · Age 72

Also on 1 other board

Mr Mansurali Hussainbhai Vanat

director · Since 05/06/2014

EMPLOYED

BRITISH · UNITED KINGDOM · Age 76

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/01/2007Registered 10/02/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/01/2007Registered 25/01/2007
charge
satisfied

BANK OF CREDIT AND COMMERCE INTERNATIONAL SOCIETE ANONYME

Created 10/07/1989Registered 28/07/1989Satisfied 06/03/2007
charge
satisfied

BANK OF CREDIT AND COMMERCE INTERNATIONAL SOCIETEANONYME LICENSED DEPOSIT TAKER

Created 08/10/1987Registered 09/10/1987Satisfied 06/03/2007

CompanyRankvs 1821+ SIC 43342 peers
54

Financial strength99th percentile among SIC peers · 25/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees7/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£1.5M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£1k

Current Liabilities

£49k

Fixed Assets

£2.0M

2avg. employees

Balance Sheet

Assets less current liabilities£1.9M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02+£73k
20230.00-£241k
201923.96+£37k
201820.03

Derived from filed accounts. Not audited figures.