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Torchworks Ltd.

09645274

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

OFFICE 7, LONDON, EC4M 7JN
Incorporated 18/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mrs Linda Oyefodunrin

secretary · Since 18/06/2015

Mr Akintunde Oyewole Oyefodunrin

director · Since 18/06/2015

SYSTEMS ANALYST

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Akintunde Oyewole Oyefodunrin

75–100% shares

British · England · Age 44

Office 7, Ludgate Hill, London, EC4M 7JN

Notified 01/08/2016

Former PSCs

Mrs Linda Oyefodunrin

Ceased 16/02/2020

CompanyRankvs 39075+ SIC 62020 peers
64

Financial strength66th percentile among SIC peers · 17/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.51× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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39075Torchworks Ltd.
60
How is this score calculated?
Financial strength17/25 pts

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

Employees5/15 pts

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

Liquidity16/20 pts

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

Longevity11/15 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 30/06/2025

Net Worth

£16k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£47k

Current Liabilities

£31k

Fixed Assets

£380

Debtors

£47k

1avg. employees

Balance Sheet

Assets less current liabilities£16k
Signed by Mr Akintunde Oyefodunrin 14/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.51+£0
20251.51-£23k
202421.94-£17k
20235.76+£19k
20226.03+£21k
20212.69—

Derived from filed accounts. Not audited figures.