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Tufting Machinery Services Limited

04493170

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

UNIT R 14 NEWHOUSE ROAD, ACCRINGTON, BB5 6NT
Incorporated 23/07/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25730
Manufacture of tools

Officers

Mr Christopher Michael Mcgonagle

director · Since 20/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Yves Le Clair

director · Since 27/04/2021

DIRECTOR

BELGIAN · BELGIUM · Age 62

Also on 1 other board

Persons with Significant Control

Tufting Machinery Services Holdings Limited

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

Unit R, 14 Newhouse Road, Accrington, BB5 6NT

Reg: 10768909 · England And Wales · Limited Company

Notified 20/02/2018

Former PSCs

Mr John Eugene Regan

Ceased 20/02/2018

Mr Paul Dreager Grant

Ceased 20/02/2018

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/11/2020Registered 23/11/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/02/2018Registered 02/03/2018
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/02/2018Registered 21/02/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/07/2012Registered 28/07/2012Satisfied 20/01/2016

CompanyRankvs 355+ SIC 25730 peers
48

Financial strength54th percentile among SIC peers · 14/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 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

£35k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£474k

Current Liabilities

£446k

Fixed Assets

£12k

Debtors

£326k

0avg. employees-17

Tax at Year End

Corp tax£4k

Balance Sheet

Assets less current liabilities£40k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.06-£660k
20242.36-£793k
20233.91+£75k
20224.49-£59k
20213.71

Derived from filed accounts. Not audited figures.