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Twigworth Development Limited

05710110

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

VICARAGE COURT, SWINDON, SN3 4NE
Incorporated 15/02/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Neville Allan Richard Heaton

director · Since 20/02/2006

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 1 other board

Mr Daniel Allan Richard Heaton

director · Since 03/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Neville Allan Richard Heaton

75–100% shares
75–100% votes

British · England · Age 71

Vicarage Court, 160 Ermin Street, Swindon, SN3 4NE

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

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Charge
satisfied

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satisfied

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CompanyRankvs 14862+ SIC 68100 peers
53

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency of the financial statements is the Pound Sterling (£). Going concern The directors have considered the risks and issues concerning the company and it's activities and no material uncertainties that may cast significant doubt about the company's ability to

Key FinancialsYear ending 31/12/2024

Net Worth

£361k

Balance sheet strength

Cash

£495k

Cash in the bank

Net Current Assets

-£347k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.4M

Fixed Assets

£2.2M

Debtors

£269k

3avg. employees-1

Balance Sheet

Bank loans & overdrafts£1.4M
Assets less current liabilities£1.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.76+£510k
20230.28-£158k
20220.47+£72k
20210.62-£566
20200.45-£22k
20190.47
20181.00

Derived from filed accounts. Not audited figures.