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Two Work Limited

05000210

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

21 LOMBARD STREET, LONDON, EC3V 9AH
Incorporated 19/12/2003

Compliance

Last accounts

31/05/2023

total exemption full

Next accounts due

27/05/2025

Overdue

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

41202
Construction of domestic buildings

Officers

Mr Dara Singh Khera

director · Since 19/12/2003

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 13 other boards

Persons with Significant Control

Ms Dara Singh Khera

75–100% shares

British · England · Age 59

Mercer & Hole, 3 Lombard Street, London, EC3V 9AA

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 18/05/2020Registered 20/05/2020

Insolvency History1 case

compulsory liquidation10/07/2024

Henry Nicholas Page (practitioner) · Dominic Dumville (practitioner) · The Official Receiver Or Ipswich (practitioner)

CompanyRankvs 15+ SIC 41202 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/05/2023

Net Worth

-£1.1M

Balance sheet strength

Cash

£624

Cash in the bank

Net Current Assets

-£877k

Working capital

Current Assets

£330k

Current Liabilities

£877k

Fixed Assets

£22k

Debtors

£329k

6avg. employees

Tax at Year End

Corp tax£19k

Balance Sheet

Bank loans & overdrafts£117k
Assets less current liabilities-£877k
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20230.38

Derived from filed accounts. Not audited figures.