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Thornex Limited

09046539

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

Wynyard Park House Wynyard Avenue, Wynyard, Billingham, TS22 5TB
Incorporated 19/05/2014

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

41100
Development of building projects

Officers

Joseph Christopher Musgrave

director · Since 19/05/2014

British · United Kingdom · Age 60

Former

Trevor Cartner

director · Resigned 14/10/2024

Persons with Significant Control

Thornex Developments Limited

25–50% shares
25–50% votes

Wynyard Park House, Wynyard Avenue, Billingham, TS22 5TB

Reg: 13868355 · Companies House · Private Company Limited By Shares

Notified 09/03/2022

Former PSCs

Mr Trevor Cartner

Ceased 04/11/2020

Mr Joseph Christopher Musgrave

Ceased 09/03/2022

Cf Land Limited

Ceased 14/10/2024

Change History

officer appointedMUSGRAVE, Joseph Christopher
2026-06-08
statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line1Wynyard Park House Wynyard Avenue
2026-06-08

WYNYARD PARK HOUSE WYNYARD AVENUE

post townBillingham
2026-06-08

BILLINGHAM

CompanyRankvs 53328+ SIC 41100 peers
40

Financial strength37th percentile among SIC peers · 9/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 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.

Longevity12/15 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 31/05/2025

Net Worth

£100

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£99k

Current Liabilities

£1.8M

Debtors

£63k

0avg. employees

Balance Sheet

Assets less current liabilities-£64k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.06
20250.06
20240.46
20230.31
20220.39
20210.21
2020262.39
20191.70
20181.71

Derived from filed accounts. Not audited figures.