This Works Products Limited
06959060
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 30/10/2025
Due 13/11/2026
Industry
Officers
director · Since 28/01/2020
EXECUTIVE DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 2 other boards
Former
director · Resigned 17/07/2026
Persons with Significant Control
Twp Uk Holdings Limited
5, Pemberton Row, London, EC4A 3BA
Reg: 09539506 · England And Wales Company Registry · Company Limited By Shares
Notified 06/04/2016
Former PSCs
Canopy Growth Uk Limited
Ceased 21/05/2019
Charges2 outstanding
CLOSE BROTHERS LIMITED AS SECURITY TRUSTEE
INSPIRIT HOLDCO 20 LIMITED
CompanyRankvs 2521+ SIC 74909 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£16.6M
Annual revenue
Net Worth
£4.7M
Balance sheet strength
Cash
£1.8M
Cash in the bank
Profit Before Tax
£144k
Bottom line earnings
Net Current Assets
£4.1M
Working capital
Current Assets
£10.8M
Current Liabilities
£6.7M
Fixed Assets
£661k
Debtors
£7.0M
Cost of Sales
£6.1M
Gross Profit
£10.5M
Admin Expenses
£3.9M
Operating Profit
£238k
Profit After Tax
£144k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.61 |
Derived from filed accounts. Not audited figures.