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Twin Systems Limited

02268058

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 2, POTTERS BAR, EN6 1TL
Incorporated 16/06/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62030
Computer facilities management activities

Officers

Mr Stephen Victor Songaila

director · Since 30/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr Philip George Helsey

director · Since 18/01/1993

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Mr Paul Songaila

secretary · Since 20/12/1993

COMPUTER TECHNICIAN

BRITISH · ENGLAND · Age 65

Also on 21 other boards

Mr Paul Songaila

director · Since 20/12/1993

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 21 other boards

Persons with Significant Control

Twin Systems Holdings (Uk) Ltd

75–100% shares

19-25, Salisbury Square, Old Hatfield, AL9 5BT

Notified 19/12/2016

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 13/01/2023Registered 13/01/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/04/2005Registered 30/04/2005Satisfied 10/10/2024
charge
satisfied

LLOYDS TSB BANK PLC

Created 16/02/2001Registered 20/02/2001Satisfied 10/10/2024
charge
satisfied

SINGER & FRIEDLANDER FACTORS LIMITED

Created 15/04/1998Registered 17/04/1998Satisfied 10/10/2024

CompanyRankvs 500+ SIC 62030 peers
66

Financial strength82th percentile among SIC peers · 21/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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500Twin Systems Limited
76
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.

Liquidity12/20 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 31/12/2024

Net Worth

£52k

Balance sheet strength

Cash

£92k

Cash in the bank

Net Current Assets

£60k

Working capital

Current Assets

£432k

Current Liabilities

£372k

Fixed Assets

£8k

Debtors

£340k

4avg. employees-1

Tax at Year End

Corp tax£762

Balance Sheet

Assets less current liabilities£68k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.16+£10k
20231.20—

Derived from filed accounts. Not audited figures.