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Towncross Engineering Limited

02453599

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

41B BEACH ROAD, LITTLEHAMPTON, BN17 5JA
Incorporated 19/12/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25730
Manufacture of tools

Officers

Linda Susan Palmer

secretary · Since 07/10/1999

ACCOUNTS CLERK

BRITISH · Age 57

Paul Antony King

director · Since 07/10/1999

ENGINEER

BRITISH · Age 59

Mrs Linda Susan Palmer

director · Since 07/10/1999

ACCOUNTS CLERK

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mrs Linda Susan Palmer

25–50% shares

British · England · Age 57

27 Ruskin Avenue, Bersted Park, Bognor Regis, PO21 5BW

Notified 06/04/2016

Mr Paul Antony King

25–50% shares

British · England · Age 59

7 Walsham Close, Bognor Regis, PO22 8EP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 23/07/2000Registered 28/07/2000

CompanyRankvs 66+ SIC 25730 peers
74

Financial strength87th percentile among SIC peers · 22/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 11.75× · 20/20
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 strength22/25 pts

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

Employees12/15 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.

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 31/03/2025

Net Worth

£832k

Balance sheet strength

Cash

£246k

Cash in the bank

Net Current Assets

£569k

Working capital

Current Assets

£622k

Current Liabilities

£53k

Fixed Assets

£285k

Debtors

£350k

8avg. employees-1

Balance Sheet

Assets less current liabilities£854k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202511.75-£88k
202413.53-£110k
202312.90-£139k
202213.50-£126k
202114.60

Derived from filed accounts. Not audited figures.