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Torque Leasing Limited

10457787

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

601 LONDON ROAD, WESTCLIFF-ON-SEA, SS0 9PE
Incorporated 02/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles

Officers

Mr Jody Buckley

director · Since 02/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr David Brian Clarke

director · Since 02/11/2016

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Mr David Brian Clarke

25–50% shares
25–50% votes

English · England · Age 43

601, London Road, Westcliff-On-Sea, SS0 9PE

Notified 02/11/2016

Mr Jody Buckley

25–50% shares
25–50% votes

British · England · Age 47

601, London Road, Westcliff-On-Sea, SS0 9PE

Notified 02/11/2016

CompanyRankvs 1169+ SIC 45111 peers
59

Financial strength58th percentile among SIC peers · 14/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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1169Torque Leasing Limited
59
How is this score calculated?
Financial strength14/25 pts

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

Employees8/15 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.

Longevity10/15 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 30/04/2022

Net Worth

£40k

Balance sheet strength

Cash

£86k

Cash in the bank

Net Current Assets

£88k

Working capital

Current Assets

£288k

Current Liabilities

£200k

Fixed Assets

£1k

Debtors

£122k

2avg. employees

Tax at Year End

Corp tax£193k

Balance Sheet

Bank loans & overdrafts£1k
Assets less current liabilities£89k
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20221.44+£2k
20212.54—

Derived from filed accounts. Not audited figures.