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Thread Design And Development Ltd

06980014

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

38 CATHEDRAL ROAD, CARDIFF, CF11 9LL
Incorporated 04/08/2009

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 04/08/2025

Due 18/08/2026

On track

Industry

74100
Specialised design activities

Officers

Mr Samuel Llewhelin Ghazaros

director · Since 04/08/2009

PRODUCT DESIGNER

BRITISH · UNITED KINGDOM · Age 46

Ms Rachel Emily Tomlinson

director · Since 04/08/2009

PRODUCT DESIGNER

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Samuel Llewhelin Ghazaros

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 46

38, Cathedral Road, Cardiff, CF11 9LL

Notified 31/07/2016

Mrs Rachel Emily Tomlinson

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 43

38, Cathedral Road, Cardiff, CF11 9LL

Notified 01/01/2024

CompanyRankvs 478+ SIC 74100 peers
87

Financial strength92th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.91× · 20/20
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 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.

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 31/08/2025

Net Worth

£106k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£174k

Current Liabilities

£60k

Fixed Assets

£15k

4avg. employees

Tax at Year End(2023)

VAT£21k

Balance Sheet

Total assets£189k

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.91+£103k
20242.45-£1k
20232.06-£38k£423k
20223.08+£25k£78k
20218.59+£6k£550k
20202.21-£60k
20192.58+£32k
20181.42

Derived from filed accounts. Not audited figures.