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Tow-Fit Ltd

11651163

active
Private Limited Company
england wales
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

LAXTON HOUSE, PETERBOROUGH, PE1 2PN
Incorporated 31/10/2018

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 02/05/2026

Due 16/05/2027

On track

Industry

70100
Activities of head offices

Officers

Mr Andrew Barrand

director · Since 06/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Mr Samuel Joseph Barrand

director · Since 21/03/2023

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 24

Also on 1 other board

Persons with Significant Control

Mr Andrew Barrand

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

British · England · Age 50

A.A.S.P, Vicarge Farm Road, Peterborough, PE1 5TP

Notified 06/05/2020

Former PSCs

Mr Peter Valaitis

Ceased 01/11/2019

Cfs Secretaries Limited

Ceased 06/05/2020

Mr Bryan Thornton

Ceased 06/05/2020

CompanyRankvs 12882+ SIC 70100 peers
45

Financial strength54th percentile among SIC peers · 14/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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12882Tow-Fit Ltd
40
How is this score calculated?
Financial strength14/25 pts

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

Employees2/15 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 31/10/2024

Net Worth

£22k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£51k

Current Liabilities

£61k

Fixed Assets

£63k

Debtors

£8k

0avg. employees

Tax at Year End

Corp tax£7k

Balance Sheet

Assets less current liabilities£54k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85+£9k
20230.48+£9k
20220.67+£14k
20210.75-£6k
20202.37—

Derived from filed accounts. Not audited figures.