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Torque Developments International Limited

02890798

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 5, CLIFFSIDE TRADE PARK, GRAYS, RM20 3XD
Incorporated 25/01/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
46190
Agents involved in the sale of a variety of goods
71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities

Officers

Mark Catchpole

secretary · Since 25/01/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 11 other boards

Mark Catchpole

director · Since 25/01/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 11 other boards

Dennis Hays

director · Since 01/06/2022

NONE

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Mark Catchpole

75–100% shares

English · United Kingdom · Age 63

Unit 5, Cliffside Trade Park, Motherwell Way, Grays, RM20 3XD

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 03/12/2004Registered 09/07/2005Satisfied 11/12/2023

CompanyRankvs 1075+ SIC 45200 peers
86

Financial strength99th percentile among SIC peers · 25/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 20.88× · 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 strength25/25 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 28/02/2025

Net Worth

£3.8M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£1.7M

Current Liabilities

£82k

Fixed Assets

£2.1M

4avg. employees

Tax at Year End(2019)

Corp tax£6k

Balance Sheet

Assets less current liabilities£3.8M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
202520.88+£104k
202414.98+£1.2M
202310.51+£106k
20228.61+£136k
20219.76+£214k
202012.65+£123k
201912.39

Derived from filed accounts. Not audited figures.