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Thorburn Bros Limited

11166013

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Alan Thorburn

director · Since 23/01/2018

British

John William Thorburn

director · Since 23/01/2018

British

Michael Thorburn

director · Since 23/01/2018

British

Tom Thorburn

director · Since 23/01/2018

British

CompanyRankvs 12760+ SIC 45190 peers
65

Financial strength84th percentile among SIC peers · 21/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Longevity8/15 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 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 Ratio
20250.90

Derived from filed accounts. Not audited figures.