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Twin Automating Limited

03864856

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

HEATHERBANK,, ROCHDALE, OL12 8SL
Incorporated 25/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Adrian Joseph Edmund Pennington

director · Since 25/10/1999

DESIGNER

BRITISH · ENGLAND · Age 72

Also on 3 other boards

Mrs Julie Pennington

secretary · Since 16/10/2025

Persons with Significant Control

Mr Adrian Joseph Edmund Pennington

25–50% shares

British · England · Age 72

Heatherbank,, Highgate Lane, Rochdale, OL12 8SL

Notified 01/05/2016

CompanyRankvs 1629+ SIC 28990 peers
45

Financial strength9th percentile among SIC peers · 2/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength2/25 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.

Liquidity2/20 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 31/10/2024

Net Worth

-£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£786

Current Liabilities

£22k

7avg. employees

Balance Sheet

Assets less current liabilities-£21k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04+£8k
20230.16-£15k
20220.14-£5k
20210.05

Derived from filed accounts. Not audited figures.