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Torftech R&D Limited

09259573

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

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

188 FIRST STREET GREENHAM BUSINESS PARK, THATCHAM, RG19 6HW
Incorporated 13/10/2014

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 13/10/2025

Due 27/10/2026

On track

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Christopher Edward Dodson

director · Since 13/10/2014

ENGINEER

BRITISH · UNITED KINGDOM · Age 80

Also on 8 other boards

Mr Martin Alexander Groszek

director · Since 13/10/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 9 other boards

Woodside Secretaries Limited

secretary · Since 31/03/2015

Also on 13 other boards

Mr Andrew Neal Bride

director · Since 24/06/2016

CHARTERED ACCOUNTANT/BANKER/FINANCE PROF

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

Persons with Significant Control

Mortimer Technology Group Limited

75–100% shares
75–100% votes

188, First Street, Thatcham, RG19 6HW

Reg: 04665443 · Companies House · Company Limited By Shares

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

TVB LOAN MANAGEMENT LIMITED

Created 07/11/2017Registered 22/11/2017Satisfied 09/01/2024

CompanyRankvs 6401+ SIC 72190 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.25× · 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 strength1/25 pts

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

Employees3/15 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 28/02/2025

Net Worth

-£797k

Balance sheet strength

Cash

£239

Cash in the bank

Net Current Assets

-£790k

Working capital

Current Assets

£268k

Current Liabilities

£1.1M

Fixed Assets

£22k

Debtors

£265k

0avg. employees-9

Balance Sheet

Assets less current liabilities-£768k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.25-£62k
20240.40-£173k
20230.49-£52k
20220.64-£103k
20210.70-£99k
20200.79-£39k
20190.87

Derived from filed accounts. Not audited figures.