Back to search

Two Two Projects Ltd

08749788

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

LAKE HOUSE 2 PORT WAY, PORTSMOUTH, PO6 4TY
Incorporated 25/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
43390
Other building completion and finishing
74100
Specialised design activities
82990
Other business support service activities

Officers

Mr Finbarr Michael Kneafsey

director · Since 25/10/2013

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 46

Also on 4 other boards

Mrs Michelle Louise Kneafsey

director · Since 04/11/2019

FASHION DESIGNER

BRITISH · ENGLAND · Age 40

Also on 3 other boards

Persons with Significant Control

Mr Finbarr Michael Kneafsey

50–75% shares

British · England · Age 46

Lake House, 2 Port Way, Portsmouth, PO6 4TY

Notified 26/10/2016

Mrs Michelle Louise Kneafsey

25–50% shares

British · England · Age 40

Lake House, 2 Port Way, Portsmouth, PO6 4TY

Notified 04/11/2019

Charges0 outstanding

Charge
satisfied

OCTANE PROPERTY FINANCE LIMITED

Created 28/02/2022Registered 02/03/2022Satisfied 18/10/2022

CompanyRankvs 4837+ SIC 41100 peers
79

Financial strength85th percentile among SIC peers · 21/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 5.81× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 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.

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.

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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£213k

Balance sheet strength

Cash

£267k

Cash in the bank

Net Current Assets

£222k

Working capital

Current Assets

£268k

Current Liabilities

£46k

Fixed Assets

£49k

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£271k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.81+£31k
20234.37-£86k
20224.88+£201k
20212.00
20200.94

Derived from filed accounts. Not audited figures.