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Towns Construction Limited

05267538

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

42 LYTTON ROAD, EN5 5BY
Incorporated 22/10/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Lisa Jane Towns

secretary · Since 22/10/2004

BRITISH

Mrs Caroline Teresa Kelly

director · Since 22/10/2004

CONTRACTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Lee Roy Towns

director · Since 22/10/2004

CONSTRUCTION DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 1 other board

Persons with Significant Control

Towns Construction Group Ltd

75–100% shares
75–100% votes

42 Lytton Road, Barnet, EN5 5BY

Reg: 10906286 · England & Wales · Limited Company

Notified 22/08/2017

CompanyRankvs 9651+ SIC 42990 peers
43

Financial strength1th percentile among SIC peers · 0/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.14× · 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 strength0/25 pts

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

Employees11/15 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 31/10/2024

Net Worth

-£212k

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£219k

Working capital

Current Assets

£34k

Current Liabilities

£254k

Fixed Assets

£22k

3avg. employees-1

Tax at Year End

Corp tax£18k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities-£198k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14-£270k
20231.19-£22k
20221.29+£51k
20211.24-£27k
20201.05-£112k
20191.61-£61k
20181.61

Derived from filed accounts. Not audited figures.