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Torbay Advice Network

05979205

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

13 HYDE ROAD, PAIGNTON, TQ4 5BW
Incorporated 26/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mr Timothy Michael Godfrey

director · Since 18/06/2009

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 60

Also on 5 other boards

Stephen Frank Gale

director · Since 22/12/2011

RETIRED

BRITISH · ENGLAND · Age 74

Mr Matthew Thomas Fellows

director · Since 17/10/2024

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 40

Mr Edward Joseph Lee

director · Since 17/10/2024

SOLICITOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

CompanyRankvs 8340+ SIC 94990 peers
80

Financial strength79th percentile among SIC peers · 20/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 47.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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834Torbay Advice Network
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How is this score calculated?
Financial strength20/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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 31/03/2021

Net Worth

£53k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£54k

Current Liabilities

£1k

Fixed Assets

£99

2avg. employees

People Costs

Wages & salaries£10k

Balance Sheet

Assets less current liabilities£53k
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
202147.28

Derived from filed accounts. Not audited figures.