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Teratorq Ltd

09950810

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

The Mayfield, Llanbadoc, Usk, NP15 1SY
Incorporated 14/01/2016

Previously known as

Ionotica Limited · until 03/09/2025

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 13/01/2026

Due 27/01/2027

On track

Industry

72110
Research and experimental development on biotechnology
74100
Specialised design activities

Officers

Martin Hugh Boughtwood

director · Since 14/01/2016

British · United Kingdom · Age 72

Former

Xin Liu

secretary · Resigned 12/06/2024

Xin Liu

director · Resigned 12/06/2024

Kenneth Wann

director · Resigned 01/09/2025

Persons with Significant Control

Mr Martin Hugh Boughtwood

75–100% shares

British · United Kingdom · Age 72

The Mayfield, Llanbadoc, Usk, NP15 1SY

Notified 06/04/2016

Change History

statusactive
2026-05-04

Active

typeltd
2026-05-04

Private Limited Company

address line1The Mayfield
2026-05-04

THE MAYFIELD

post townUsk
2026-05-04

USK

CompanyRankvs 1789+ SIC 72110 peers
46

Financial strength21th percentile among SIC peers · 5/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 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.

Liquidity12/20 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 31/03/2025

Net Worth

£0

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£0

Working capital

Current Assets

£85k

Current Liabilities

£85k

0avg. employees

Balance Sheet

Assets less current liabilities£0
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00
20240.42+£1k
20230.56

Derived from filed accounts. Not audited figures.

Filing History29 filings

Confirmation statement

confirmation statement with updates

02/02/20263 pages · PDF
Accounts filed

accounts with accounts type micro entity

02/02/20263 pages · PDF
CERTNM

certificate change of name company

03/09/20253 pages · PDF
Director resigned

termination director company with name termination date

03/09/20251 page · PDF
Confirmation statement

confirmation statement with no updates

24/01/20253 pages · PDF
Accounts filed

accounts with accounts type micro entity

30/12/20243 pages · PDF
Director resigned

termination director company with name termination date

16/06/20241 page · PDF
TM02

termination secretary company with name termination date

16/06/20241 page · PDF
Confirmation statement

confirmation statement with no updates

24/01/20243 pages · PDF
Accounts filed

accounts with accounts type micro entity

18/12/20233 pages · PDF
Confirmation statement

confirmation statement with no updates

15/01/20233 pages · PDF
Accounts filed

accounts with accounts type micro entity

23/12/20223 pages · PDF
Confirmation statement

confirmation statement with no updates

25/01/20223 pages · PDF
Accounts filed

accounts with accounts type micro entity

15/12/20213 pages · PDF
Accounts filed

accounts with accounts type micro entity

04/03/20212 pages · PDF
Confirmation statement

confirmation statement with no updates

18/01/20213 pages · PDF
Confirmation statement

confirmation statement with no updates

15/01/20203 pages · PDF
Accounts filed

accounts with accounts type micro entity

18/12/20193 pages · PDF
Confirmation statement

confirmation statement with updates

15/01/20194 pages · PDF
Accounts filed

accounts with accounts type micro entity

16/11/20183 pages · PDF
Accounts date changed

change account reference date company current extended

12/03/20183 pages · PDF
SH02

capital alter shares subdivision

22/02/20186 pages · PDF
Director appointed

appoint person director company with name date

16/02/20183 pages · PDF
Director appointed

appoint person director company with name date

16/02/20183 pages · PDF
Confirmation statement

confirmation statement with no updates

16/01/20183 pages · PDF
Accounts filed

accounts with accounts type micro entity

16/10/20173 pages · PDF
Address changed

change registered office address company with date old address new address

29/09/20171 page · PDF
Confirmation statement

confirmation statement with updates

24/01/20175 pages · PDF
Incorporated

incorporation company

14/01/20168 pages · PDF