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Thorburn Bros Limited

11166013

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

WESLEY WAY BENTON SQUARE INDUSTRIAL ESTATE, NEWCASTLE UPON TYNE, NE12 9TA
Incorporated 23/01/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

27/12/2026

On track

Confirmation statement

Last: 22/01/2026

Due 05/02/2027

On track

Industry

45190
Sale of other motor vehicles
49410
Freight transport by road
52290
Other transportation support activities

Officers

Mr Alan Thorburn

director · Since 23/01/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Mr John William Thorburn

director · Since 23/01/2018

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Mr Michael Thorburn

director · Since 23/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Tom Thorburn

director · Since 23/01/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 29/03/2019Registered 01/04/2019

CompanyRankvs 1366+ SIC 45190 peers
56

Financial strength85th percentile among SIC peers · 21/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees15/15 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.

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 31/03/2025

Net Worth

£237k

Balance sheet strength

Cash

£575

Cash in the bank

Net Current Assets

-£216k

Working capital

Current Assets

£2.0M

Current Liabilities

£2.3M

Fixed Assets

£687k

Debtors

£1.8M

36avg. employees

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities£471k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.90+£12k
20240.91-£187k
20230.73

Derived from filed accounts. Not audited figures.