Torel Ltd
10874998
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Thomas Ryan
Irish · United Kingdom · Age 62
27, Old Gloucester Street, London, WC1N 3AX
Notified 20/07/2017
CompanyRankvs 104645+ SIC 70229 peers43
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Going concern The director has assessed the company’s ability to continue as a going concern and is satisfied that the company has adequate resources to continue in operational existence for the fores
Key FinancialsYear ending 31/05/2025
Net Worth
-£7k
Balance sheet strength
Cash
£348
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£5k
Current Liabilities
£3k
Fixed Assets
£240
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.54 | — |
| 2024 | 2.47 | — |
| 2023 | 2.18 | — |
| 2022 | 1.35 | -£3k |
| 2021 | 2.48 | — |
| 2020 | 2.31 | — |
| 2019 | 1.01 | — |
| 2018 | 1.85 | — |
Derived from filed accounts. Not audited figures.