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Tungsten West Plc

11310159

active
Public Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

HEMERDON MINE, PLYMPTON, PL7 5BS
Incorporated 16/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Ben Harber

secretary · Since 07/10/2020

Mr Richard William Macfarlane Maxey

director · Since 09/12/2020

NONE

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mr David Connal Cather

director · Since 07/09/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Mr Martin John Wood

director · Since 24/11/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Mr Guy Charles Edwards

director · Since 04/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Kevin John Ross

director · Since 04/09/2023

DIRECTOR

CANADIAN · IRELAND · Age 72

Adrian Richard Bougourd

director · Since 04/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Mr Jeffery Arnold Court

director · Since 08/10/2024

CHIEF EXECUTIVE OFFICER

AUSTRALIAN · UNITED KINGDOM · Age 54

Also on 3 other boards

Mr Stephen Richard Harrison

director · Since 04/12/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Mr Philip Clifton Povey

director · Since 05/12/2025

BRITISH · INDONESIA · Age 48

Also on 3 other boards

Persons with Significant Control

Former PSCs

Mr Stephen Leslie Fabian

Ceased 03/07/2019

Charges0 outstanding

Charge
satisfied

KROLL TRUSTEE SERVICES LIMITED

Created 08/06/2023Registered 09/06/2023

CompanyRankvs 1992+ SIC 64209 peers
76

Financial strength96th percentile among SIC peers · 24/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 40.25× · 20/20
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 strength24/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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 31/03/2020

Net Worth

£5.6M

Balance sheet strength

Cash

£2.7M

Cash in the bank

Net Current Assets

£12.2M

Working capital

Current Assets

£12.5M

Current Liabilities

£311k

Debtors

£6.3M

1avg. employees

Balance Sheet

Assets less current liabilities£15.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202040.25

Derived from filed accounts. Not audited figures.