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Titan Foundations Limited

02220264

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

ARLINGTON HOUSE WEST STATION BUSINESS PARK, MALDON, CM9 6FF
Incorporated 11/02/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Michael Denis Pitts

director · Since 17/08/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 2 other boards

Theresa Anne Jarman

secretary · Since 24/05/2004

BRITISH · UNITED KINGDOM · Age 78

Also on 1 other board

Persons with Significant Control

Mr Michael Denis Pitts

75–100% shares

British · England · Age 74

Arlington House, West Station Business Park, Maldon, CM9 6FF

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 30/10/1998Registered 09/11/1998Satisfied 14/08/2019

CompanyRankvs 12849+ SIC 43999 peers
64

Financial strength93th percentile among SIC peers · 23/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.25× · 2/20
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 strength23/25 pts

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

Employees9/15 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.

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

Key FinancialsYear ending 30/12/2024

Net Worth

£539k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£25k

Current Liabilities

£97k

Fixed Assets

£613k

Debtors

£9k

2avg. employees-1

Balance Sheet

Assets less current liabilities£540k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.25-£14k
20230.41-£47k
20210.81-£2k
20200.83-£6k
20196.60-£9k
20180.99-£29k
20171.44

Derived from filed accounts. Not audited figures.