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Torros Limited

04339834

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

NORFOLK HOUSE HAMLIN WAY, KINGS LYNN, PE30 4NG
Incorporated 13/12/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Peter Matt Payne

director · Since 14/08/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Alex De Muschamp Payne

secretary · Since 14/06/2007

BRITISH

Persons with Significant Control

Mr Peter Matt Payne

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 62

Billingford Hall, Billingford, Dereham, NR20 4RF

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 23/03/2015Registered 24/03/2015
charge
outstanding

BARCLAYS BANK PLC

Created 27/09/2005Registered 06/10/2005

CompanyRankvs 187+ SIC 28220 peers
63

Financial strength83th percentile among SIC peers · 21/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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187Torros Limited
73
How is this score calculated?
Financial strength21/25 pts

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

Employees2/15 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

£1.3M

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.1M

Current Liabilities

£853k

Fixed Assets

£146k

Debtors

£1.5M

0avg. employees-36

Tax at Year End

Corp tax£307k

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.49+£68k
20242.32+£227k
20232.26+£91k
20222.85+£98k
20212.54—

Derived from filed accounts. Not audited figures.