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Thirdway Contracts Limited

11352527

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

130 SHAFTESBURY AVENUE, LONDON, W1D 5EU
Incorporated 09/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Benjamin Jordan Paisley Gillam

director · Since 09/05/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 11 other boards

Duncan Taylor

director · Since 09/05/2018

PROFESSIONAL

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

The Thirdway Group Limited

75–100% shares
75–100% votes
Appoint directors

130, Shaftesbury Avenue, London, W1D 5EU

Reg: 10210711 · England And Wales · Private Company Limited By Shares

Notified 09/05/2018

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 07/12/2020Registered 17/12/2020

CompanyRankvs 41273+ SIC 43390 peers
16

Financial strength0th percentile among SIC peers · 0/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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41273Thirdway Contracts Limited
26
How is this score calculated?
Financial strength0/25 pts

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

Employees1/15 pts

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

Liquidity2/20 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.

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 31/12/2024

Net Worth

-£12.7M

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£812k

Current Liabilities

£13.5M

Debtors

£800k

0avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06-£311k
20230.09—

Derived from filed accounts. Not audited figures.