Back to search

Thwaites & Reed Clockmakers Ltd

04348702

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

82 BEVENDEAN AVENUE, SALTDEAN, EAST SUSSEX, BN2 8PE
Incorporated 08/01/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Thwaites & Reed Engineering Ltd

secretary · Since 08/01/2002

BRITISH

Melvyn Wey Chou Lee

director · Since 08/01/2002

BUSINESS ADMINISTRATOR

BRITISH · ENGLAND · Age 80

Also on 1 other board

Persons with Significant Control

Melvyn Wey Chou Lee

25–50% shares
25–50% votes

British · England · Age 80

82 Bevendean Avenue, Saltdean, East Sussex, BN2 8PE

Notified 01/01/2017

Alexandra Mei Lee

25–50% shares
25–50% votes

British · United Kingdom · Age 40

82, Bevendean Avenue, Saltdean, BN2 8PE

Notified 20/12/2018

Sam Wallace Lee

25–50% shares
25–50% votes

British · United Kingdom · Age 35

82, Bevendean Avenue, Saltdean, BN2 8PE

Notified 20/12/2018

CompanyRankvs 1913+ SIC 28990 peers
41

Financial strength12th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 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.

Liquidity6/20 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 31/05/2025

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£8k

Current Liabilities

£11k

0avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.70+£0
20250.70
20241.07
20231.07
20221.43
20211.44

Derived from filed accounts. Not audited figures.