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Tower Scaffolding (South West) Limited

04942504

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

14 & 15 SOUTHERNHAY WEST, EXETER, EX1 1PL
Incorporated 23/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Joseph Arthur Fitzpatrick

director · Since 01/10/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Persons with Significant Control

Touchstone Access Limited

75–100% shares
75–100% votes

The Barbican Centre, Lustleigh Close, Exeter, EX2 8PW

Reg: 14772099 · Cardiff · Private Limited Company

Notified 01/10/2024

Former PSCs

Mr Duncan James Gray

Ceased 01/10/2024

Mr Thomas Gray

Ceased 31/08/2019

Lucinda Gray

Ceased 12/06/2020

Charges1 outstanding

Charge
outstanding

DUNCAN JAMES GRAY

Created 01/10/2024Registered 03/10/2024
charge
satisfied

LLOYDS TSB BANK PLC

Created 16/12/2003Registered 19/12/2003Satisfied 09/11/2023

CompanyRankvs 88174+ SIC 82990 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.19× · 2/20
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 strength1/25 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.

Liquidity2/20 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 31/12/2024

Net Worth

-£54k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£322k

Working capital

Current Assets

£74k

Current Liabilities

£396k

Fixed Assets

£304k

Debtors

£35k

16avg. employees

Tax at Year End(2022)

Corp tax£74
VAT£6k

Director Loans(2023)

Company owes directors£779

Balance Sheet

Intangible assets£126k
Assets less current liabilities-£18k
Signed by Mr Joseph Fitzpatrick 19th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.19-£118k
20231.77+£32k
20221.47+£144k£121k
20210.47-£33k£121k
20200.53-£103k£765k
20191.01

Derived from filed accounts. Not audited figures.