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Towerhead Engineering Limited

02431051

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

MENDIP VIEW, AXBRIDGE, BS26 2UG
Incorporated 10/10/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mrs Kathleen Phyllis Grimes

secretary · Since 10/10/1991

BRITISH · UNITED KINGDOM · Age 66

Also on 3 other boards

Mr John Samuel Kenneth Grimes

director · Since 10/10/1991

ENGINEER

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Mrs Kathleen Phyllis Grimes

director · Since 10/10/1991

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 66

Also on 3 other boards

Persons with Significant Control

Mr John Samuel Kenneth Grimes

25–50% shares
25–50% votes

British · England · Age 66

Mendip View, Mendip Road, Axbridge, BS26 2UG

Notified 06/04/2016

Mrs Kathleen Phyllis Grimes

25–50% shares
25–50% votes

British · United Kingdom · Age 66

Mendip View, Mendip Road, Axbridge, BS26 2UG

Notified 06/04/2016

CompanyRankvs 7493+ SIC 96090 peers
81

Financial strength95th percentile among SIC peers · 24/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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7493Towerhead Engineering Limited
77
How is this score calculated?
Financial strength24/25 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.

Liquidity16/20 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 31/03/2025

Net Worth

£389k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£113k

Working capital

Current Assets

£261k

Current Liabilities

£149k

Fixed Assets

£308k

2avg. employees

Balance Sheet

Assets less current liabilities£421k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.75+£86k
20242.78+£82k
20236.73+£45k
20226.06+£2k
202110.07—

Derived from filed accounts. Not audited figures.