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Torc2 Ltd

08606592

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

93 WELFORD ROAD, NORTHAMPTON, NN2 8AJ
Incorporated 11/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mrs Kathryn Mary Whatton

director · Since 09/12/2014

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 9 other boards

Mr Gary Alan Blundell

director · Since 01/01/2017

CEO

BRITISH · ENGLAND · Age 68

Also on 1 other board

Persons with Significant Control

Mr Gary Alan Blundell

25–50% shares

British · United Kingdom · Age 68

Flat 1, 40 - 42 Oxford Street, Leamington Spa, Leamington Spa, CV32 4RA

Notified 01/01/2018

Mrs Kathryn Mary Whatton

25–50% shares

British · England · Age 75

93, Welford Road, Northampton, NN2 8AJ

Notified 16/03/2020

Former PSCs

Mr Ronald Vincent Taylor

Ceased 28/07/2022

Mr Ronald Vincent Taylor

Ceased 11/07/2017

Mrs Kathryn Mary Whatton

Ceased 11/07/2017

Charges1 outstanding

Charge
outstanding

COVENTRY AND WARWICKSHIRE REINVESTMENT TRUST LTD

Created 19/03/2020Registered 20/03/2020
Charge
satisfied

COVENTRY AND WARWICKSHIRE REINVESTMENT TRUST LTD

Created 12/10/2018Registered 19/10/2018Satisfied 06/10/2020

CompanyRankvs 2214+ SIC 72190 peers
53

Financial strength92th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees10/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

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

Key FinancialsYear ending 31/10/2025

Net Worth

£664k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£160k

Working capital

Current Assets

£1k

Current Liabilities

£162k

2avg. employees

Balance Sheet

Assets less current liabilities£160k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£55k
20240.01+£129k
20230.00+£146k
20220.09-£105k
20210.07+£80k
20200.50+£74k
20190.15+£63k
20180.12

Derived from filed accounts. Not audited figures.