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Thorneycroft Solicitors Limited

04932249

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

6 KING EDWARD STREET, MACCLESFIELD, SK10 1AB
Incorporated 15/10/2003

Compliance

Last accounts

31/10/2024

medium

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 15/10/2025

Due 29/10/2026

On track

Industry

69102
Solicitors

Officers

Susan Patricia Carnwell

director · Since 05/08/2015

British

Rachel Leonie Stow

director · Since 28/10/2004

British

Former

Judith Grace Copley

secretary · Resigned 05/08/2015

Mark David Belfield

director · Resigned 05/06/2025

Kim Marcelle Cockburn

director · Resigned 09/11/2011

Michael John Coghlan

director · Resigned 09/02/2018

Robert Patrick Thorneycroft

director · Resigned 08/07/2019

CompanyRankvs 105+ SIC 69102 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/10/2024

Turnover

£5.9M

Annual revenue

Net Worth

£9.0M

Balance sheet strength

Cash

£5.3M

Cash in the bank

Profit Before Tax

£237k

Bottom line earnings

Net Current Assets

£8.7M

Working capital

Current Assets

£12.8M

Current Liabilities

£4.0M

Fixed Assets

£301k

Debtors

£7.5M

Cost of Sales

£1.1M

Gross Profit

£4.8M

Admin Expenses

£4.8M

Operating Profit

£35k

Profit After Tax

£178k

73avg. employees-17

Tax at Year End

Corp tax£23k
Dividends paid£978k

People Costs

Wages & salaries£2.6M
NI contributions£274k

Balance Sheet

Assets less current liabilities£9.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.16-£800k
20233.04

Derived from filed accounts. Not audited figures.