Tower Insurance Brokers Ltd
10691863
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/10/2018
INSURANCE BROKER
BRITISH · ENGLAND · Age 60
Also on 2 other boards
director · Since 06/04/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 1 other board
director · Since 21/05/2024
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 2 other boards
director · Since 22/05/2024
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 4 other boards
Persons with Significant Control
Tower Corp Holdco Limited
7-9 Church Road, Lytham, FY8 5LH
Reg: 14009475 · Companies House · Limited
Notified 31/01/2023
Former PSCs
Mr Timothy James John Forshaw
Ceased 27/03/2017
Mr Steven Lee Smith
Ceased 27/03/2017
Timothy James John Forshaw
Ceased 31/01/2023
Mr Adrian John Mead
Ceased 18/06/2020
Mrs Kate Elizabeth Forshaw
Ceased 31/01/2023
Charges3 outstanding
CARL WORMALD
CARL WORMALD
TDC IMPACT LIMITED
CompanyRankvs 1449+ SIC 66220 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£1.4M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Net Current Assets
£966k
Working capital
Current Assets
£1.5M
Current Liabilities
£526k
Fixed Assets
£455k
Debtors
£339k
Profit After Tax
£898k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.84 | +£712k |
| 2024 | 1.30 | +£204k |
| 2023 | 2.51 | +£228k |
| 2022 | 3.74 | +£77k |
| 2021 | 4.66 | — |
| 2019 | 6.87 | — |
Derived from filed accounts. Not audited figures.