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Twinstar (Uk) Limited

06979219

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

PRESTON, WEMBLEY, HA9 8NF
Incorporated 04/08/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles

Officers

Mr Haren Hiralal Chhipa

director · Since 04/08/2009

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Persons with Significant Control

Mr Haren Hiralal Chhipa

75–100% shares

British · United Kingdom · Age 62

25, Welbeck Road, Harrow, HA2 0RP

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 25/07/2020Registered 03/08/2020

CompanyRankvs 82+ SIC 45111 peers
66

Financial strength95th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.11× · 20/20
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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82Twinstar (Uk) Limited
86
How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 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.

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent 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 director with respect to going co

Key FinancialsYear ending 31/03/2025

Net Worth

£4.8M

Balance sheet strength

Cash

£403k

Cash in the bank

Net Current Assets

£3.6M

Working capital

Current Assets

£4.8M

Current Liabilities

£1.2M

Fixed Assets

£1.4M

Debtors

£2.7M

Profit After Tax

£86k

6avg. employees-1

Tax at Year End

Corp tax£30k
Dividends paid£36k

Balance Sheet

Bank loans & overdrafts£171k
Assets less current liabilities£5.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20254.11+£50k
20243.24+£83k
20231.92+£952k
20221.89+£769k
20211.71—

Derived from filed accounts. Not audited figures.