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Torquay Taxis Ltd

04961902

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

37 SHIPHAY LANE, TORQUAY, TQ2 7DU
Incorporated 12/11/2003

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/11/2025

Due 26/11/2026

On track

Industry

49320
Taxi operation

Officers

Anita Margaret Spencer

secretary · Since 25/11/2003

British

Jared Daniel Spencer

director · Since 25/11/2003

British

Former

Form 10 Secretaries Fd Ltd

corporate nominee secretary · Resigned 17/11/2003

Form 10 Directors Fd Ltd

corporate nominee director · Resigned 17/11/2003

CompanyRankvs 93950+ SIC 49320 peers
40

Financial strength12th percentile among SIC peers · 3/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees5/15 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.

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

-£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£2k

Current Liabilities

£5k

Fixed Assets

£19k

1avg. employees

Balance Sheet

Assets less current liabilities£16k
Signed by Mr Jared SPENCER 14/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.37-£5k
20241.22
20232.47

Derived from filed accounts. Not audited figures.