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Thortech Bridges & Marine Ltd

08067154

liquidation
Private Limited Company
wales
Companies House
2 outstanding charges
Insolvency history
Health Score
N/A

Details

6 YNYS BRIDGE COURT, CARDIFF, CF15 9SS
Incorporated 14/05/2012

Compliance

Last accounts

28/05/2021

total exemption full

Next accounts due

27/05/2023

Overdue

Confirmation statement

Last: 26/04/2023

Due 10/05/2024

Overdue

Industry

42990
Construction of other civil engineering projects

Officers

Darren Elwyn Jones

director · Since 14/05/2012

DIRECTOR

WELSH · UNITED KINGDOM · Age 56

Also on 1 other board

Mr Mark Kitcher

director · Since 14/05/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 10 other boards

Persons with Significant Control

Mr Darren Elwyn Jones

25–50% shares

Welsh · Wales · Age 56

6, Ynys Bridge Court, Cardiff, CF15 9SS

Notified 14/05/2017

Charges2 outstanding

A registered charge
outstanding

Morgan Lloyd Trustees Limited as Trustee of Thortech Pension Scheme · Darren Jones as Trustee of Thortech Pension Scheme · Mark Kitcher as Trustee of Thortech Pension Scheme

1. charges to the pension scheme, by way of first legal mortgage, all real properties whether registered or unregistered;. 2. charges to the pension scheme, by way of first fixed charge:. A. all properties acquired by the borrower in the future;. B. all present and future interests of the borrower not effectively mortgaged or changed under the preceding provisions of this clause, or over, freehold or leasehold property;. C. all present and future rights, licences, guarantees, rents, deposits, contracts, covenants and warranties relating to the properties;. D. all licences, consents and authorisations (statutory or otherwise) held or required in connection with the borrower’s business or the use of any charged property, and all rights in connection with them;. E. all present and future goodwill and uncalled capital for the time being of the borrower;. F. all of the equipment. G. all of the intellectual property and all fees and royalties delivered from, or incidental to, the intellectual property;. H. all the book debts. I. Alt the investments; and. J. all monies from time to time standing to the credit of its accounts with any bank, financial institution or other person.. 3. assigns to the pension scheme, by way of first fixed charge, all its rights in any policies of insurance or assurance present or future (including, without limitation, any insurances relating to the properties or the equipment).

Created 21/02/2019Registered 25/02/2019
A registered charge
outstanding

Mark Kitcher as Trustee of the Thortech Pension Scheme · Darren Jones as Trustee of the Thortech Pension Scheme · Morgan Lloyd Trustees Limited as Trustee of the Thortech Pension Scheme

1. charges to the pension scheme, by way of first legal mortgage, all real properties whether registered or unregistered;. 2. charges to the pension scheme, by way of first fixed charge:. A. all properties acquired by the borrower in the future;. B. all present and future interests of the borrower not effectively mortgaged or changed under the preceding provisions of this clause, or over, freehold or leasehold property;. C. all present and future rights, licences, guarantees, rents, deposits, contracts, covenants and warranties relating to the properties;. D. all licences, consents and authorisations (statutory or otherwise) held or required in connection with the borrower’s business or the use of any charged property, and all rights in connection with them;. E. all present and future goodwill and uncalled capital for the time being of the borrower;. F. all of the equipment. G. all of the intellectual property and all fees and royalties delivered from, or incidental to, the intellectual property;. H. all the book debts. I. Alt the investments; and. J. all monies from time to time standing to the credit of its accounts with any bank, financial institution or other person.. 3. assigns to the pension scheme, by way of first fixed charge, all its rights in any policies of insurance or assurance present or future (including, without limitation, any insurances relating to the properties or the equipment).

Created 16/05/2015Registered 05/06/2015

Insolvency History1 case

creditors voluntary liquidation19/10/2023

Brendan Eric Doyle (practitioner) · Dean Collins (practitioner)

CompanyRankvs 15+ SIC 42990 peers
29

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.71× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity14/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 28/05/2021

Net Worth

£245k

Balance sheet strength

Cash

£21

Cash in the bank

Net Current Assets

£159k

Working capital

Current Assets

£252k

Current Liabilities

£93k

Fixed Assets

£36k

Debtors

£202k

0avg. employees

Balance Sheet

Bank loans & overdrafts-£50k
Assets less current liabilities£195k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20212.71

Derived from filed accounts. Not audited figures.