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Towrite Electric Vehicles (Harborough) Limited

02370915

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

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

Details

BALMORAL HOUSE, MARKET HARBOROUGH, LE16 7NE
Incorporated 11/04/1989

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 30/03/2026

Due 13/04/2027

On track

Industry

25620
Machining
29201
Manufacture of bodies for motor vehicles
29310
Manufacture of electrical and electronic equipment for motor vehicles
29320
Manufacture of other parts and accessories for motor vehicles

Officers

Jeffrey Arthurs

director · Since 31/03/1991

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 83

Also on 1 other board

Mr Neil Arthurs

director · Since 31/03/1991

SALES DIRECTOR

BRITISH · ENGLAND · Age 61

Mr Andrew John Raimi

secretary · Since 01/04/2011

Persons with Significant Control

Mr Neil Arthurs

75–100% shares

British · England · Age 61

Balmoral House, Clarence Street, Market Harborough, LE16 7NE

Notified 06/04/2016

CompanyRankvs 271+ SIC 25620 peers
81

Financial strength79th percentile among SIC peers · 20/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.57× · 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 strength20/25 pts

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

Employees11/15 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 31/08/2024

Net Worth

£689k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£769k

Working capital

Current Assets

£937k

Current Liabilities

£168k

Fixed Assets

£31k

Debtors

£325k

10avg. employees

Tax at Year End

Corp tax£5k
VAT£17k

Director Loans

Company owes directors£62k

Balance Sheet

Assets less current liabilities£799k
Signed by Mr Neil Arthurs 02/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.57-£34k£339k
20237.95+£22k
20226.50+£53k
20216.08-£17k£389k
20204.41+£600
20194.41+£61k
20185.26

Derived from filed accounts. Not audited figures.