Thorn Engineering Company Limited
02581694
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 12/02/1991
INSTRUMENT ENGINEER
BRITISH · ENGLAND · Age 74
Also on 3 other boards
director · Since 12/02/1991
INSTRUMENT ENGINEER
BRITISH · ENGLAND · Age 74
Also on 3 other boards
Persons with Significant Control
Mr Philip Albert Thorn
British · England · Age 74
8 Cromlix Close, Kent, BR7 5AH
Notified 06/04/2016
Mrs Sharon Cindy Louise Thorn
British · England · Age 69
8 Cromlix Close, Kent, BR7 5AH
Notified 06/04/2016
CompanyRankvs 2557+ SIC 71129 peers75
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£11k
Balance sheet strength
Cash
£14k
Cash in the bank
Net Current Assets
£10k
Working capital
Current Assets
£18k
Current Liabilities
£8k
Fixed Assets
£1k
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.19 | +£9k |
| 2024 | 1.15 | — |
| 2017 | 1.81 | — |
Derived from filed accounts. Not audited figures.