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Thormag Ltd

09975833

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 28/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Torsten Krause-Dukart

secretary · Since 28/01/2016

Also on 1 other board

Torsten Krause-Dukart

director · Since 28/01/2016

ENGINEER

GERMAN · FRANCE · Age 60

Also on 1 other board

Persons with Significant Control

Torsten Krause-Dukart

75–100% shares

German · France · Age 60

71-75, Shelton Street, London, WC2H 9JQ

Notified 06/04/2016

CompanyRankvs 3398+ SIC 71122 peers
71

Financial strength80th percentile among SIC peers · 20/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 3.51× · 20/20
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 strength20/25 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.

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.

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 31/01/2025

Net Worth

£48k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£35k

Working capital

Current Assets

£50k

Current Liabilities

£14k

Fixed Assets

£16k

Debtors

£41

1avg. employees

Tax at Year End

Corp tax£2k

Director Loans

Company owes directors£12k

Balance Sheet

Assets less current liabilities£51k
Signed by T Krause-Dukart 15/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.51-£3k
20243.17+£4k
20232.64

Derived from filed accounts. Not audited figures.