Towerbay Limited
03192801
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Chan Wah Man
British · Hong Kong · Age 62
32, On Lung Tsuen, San Tin, New Territories
Notified 30/04/2017
Chan Ying Man
British · Hong Kong · Age 59
Workshop 11, 5/F Harry Industrial Building, 49-51 Au Pui Wan Street, N.T.
Notified 30/04/2017
CompanyRankvs 863+ SIC 41100 peers87
Show leaderboard
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 30/04/2025
Net Worth
£1.5M
Balance sheet strength
Cash
£170k
Cash in the bank
Net Current Assets
£126k
Working capital
Current Assets
£175k
Current Liabilities
£49k
Debtors
£6k
Profit After Tax
£74k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.56 | -£27k |
| 2023 | 3.69 | +£74k |
| 2022 | 1.66 | -£549k |
| 2019 | 2.27 | — |
Derived from filed accounts. Not audited figures.