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Tinworks Brewing Company Ltd.

10727661

active
Private Limited Company
wales
Companies House
Insolvency history
Health Score
51 / 100

Notable Risks

25/30
Filing
10/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

THE TINHOUSE, LLANELLI, SA15 3TY
Incorporated 18/04/2017

Compliance

Last accounts

30/04/2023

micro entity

Next accounts due

29/01/2025

Overdue

Confirmation statement

Last: 17/04/2025

Due 01/05/2026

Overdue

Industry

11050
Manufacture of beer

Officers

Mr Matthew David Stevenson

director · Since 18/04/2017

DIRECTOR

BRITISH · WALES · Age 39

Persons with Significant Control

Mr Matthew David Stevenson

75–100% shares
75–100% votes
Appoint directors

British · Wales · Age 39

27, Albert Street, Llanelli, SA15 2SY

Notified 18/04/2017

Charges2 outstanding

Charge
outstanding

CARMARTHENSHIRE COUNTY COUNCIL

Created 22/12/2022Registered 22/12/2022
Charge
outstanding

DBW INVESTMENTS (10) LIMITED

Created 05/02/2020Registered 05/02/2020

Insolvency History1 case

creditors voluntary liquidation01/05/2026

Helen Whitehouse (practitioner) · Gareth Bishop (practitioner)

CompanyRankvs 947+ SIC 11050 peers
20

Financial strength11th percentile among SIC peers · 3/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees11/15 pts

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

Liquidity2/20 pts

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

Longevity9/15 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2023

Net Worth

-£89k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£21k

Current Liabilities

£107k

Fixed Assets

£190k

6avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.19

Derived from filed accounts. Not audited figures.