Back to search

Towerglens Technology Limited

04610327

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

TOWERGLENS, TURNER STREET, WEST MIDLANDS, DY1 1TX
Incorporated 05/12/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Raymond John Davies

director · Since 05/12/2002

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 3 other boards

Nichola Ann Sheppard

secretary · Since 06/12/2002

BRITISH · Age 53

Mrs Nichola Ann Sheppard

director · Since 11/12/2017

ACCOUNTS MANAGER

ENGLISH · ENGLAND · Age 53

Also on 1 other board

Mr Richard Mark Davies

director · Since 13/12/2017

OPERATIONS MANAGER

ENGLISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Raymond John Davies

Significant control

British · England · Age 78

Towerglens, Turner Street, West Midlands, DY1 1TX

Notified 05/12/2016

Mr Richard Mark Davies

25–50% shares

English · England · Age 49

Towerglens, Turner Street, West Midlands, DY1 1TX

Notified 05/12/2016

Mrs Nichola Ann Sheppard

25–50% shares

English · England · Age 53

Towerglens, Turner Street, West Midlands, DY1 1TX

Notified 05/12/2016

CompanyRankvs 245+ SIC 27900 peers
82

Financial strength89th percentile among SIC peers · 22/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.57× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Total Integrated Solutions Limited
90
2Marshall Amplification Plc
90
3Holroyd Components Limited
90
4Headstock Distribution Limited
90
5Swarco Uk & Ireland Ltd
90
6Isothermal Technology Limited
90
7Apem Components Limited
90
8S&P Uk Ventilation Systems Ltd.
90
9Hanover Displays Limited
90
10Paxton Access Limited
90
245Towerglens Technology Limited
82
How is this score calculated?
Financial strength22/25 pts

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

Employees10/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£220k

Cash in the bank

Net Current Assets

£151k

Working capital

Current Assets

£247k

Current Liabilities

£96k

Fixed Assets

£1.2M

Debtors

£27k

3avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Signed by 04610327 2024-10-01 2025-09-30 04610327 2025-09-30 04610327 bus:OrdinaryShareClass1 2025-09-30 04610327 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.57+£0
20252.57+£32k
20241.13+£104k
20232.15+£184k
20223.14+£164k
20211.50+£159k
20202.44+£68k
20192.38+£102k
20183.14—

Derived from filed accounts. Not audited figures.