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Touchwood Kb Ltd

10942434

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

179 DAWLISH DRIVE, ILFORD, IG3 9EQ
Incorporated 01/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31020
Manufacture of kitchen furniture
41100
Development of building projects

Officers

Mr Gurpal Chana

director · Since 01/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Mr Pritpal Chana

director · Since 01/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Persons with Significant Control

Mr Pritpal Chana

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors
significant-influence-or-control-as-firm

British · United Kingdom · Age 34

179 Dawlish Drive, Dawlish Drive, Ilford, IG3 9EQ

Notified 01/09/2017

Mr Gurpal Chana

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors
significant-influence-or-control-as-firm

British · United Kingdom · Age 47

179 Dawlish Drive, Dawlish Drive, Ilford, IG3 9EQ

Notified 01/09/2017

CompanyRankvs 1491+ SIC 31020 peers
43

Financial strength11th percentile among SIC peers · 3/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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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.

Employees10/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£25k

Current Liabilities

£38k

Fixed Assets

£1k

3avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.67-£10k
20231.15+£26k
20220.77+£846
20210.83+£4k
20201.01-£17k
20190.54-£21k
20181.53

Derived from filed accounts. Not audited figures.