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Torchgarden Limited

11788246

active
Private 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

445 LINEN HALL, LONDON, W1B 5TE
Incorporated 25/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles

Officers

Mr Ergin Balli

director · Since 20/07/2023

SOLICITOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Senol Sankaya

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

Dominican · Dominica · Age 64

Belmont Chambers, Road Town,, Tortola

Notified 09/11/2023

Former PSCs

Muse Holdings Limited

Ceased 09/11/2023

Charges0 outstanding

Charge
satisfied

WELLS FARGO BANK, NATIONAL ASSOCIATION

Created 27/03/2019Registered 08/04/2019Satisfied 24/08/2020

CompanyRankvs 940+ SIC 46410 peers
62

Financial strength85th percentile among SIC peers · 21/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity7 years trading (max 15) · 7/15
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.

Employees7/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/12/2021

Net Worth

£172k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£172k

Working capital

Current Assets

£1.2M

Current Liabilities

£999k

Debtors

£76k

1avg. employees+1

Balance Sheet

Assets less current liabilities£172k
Signed by 2021-02-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20211.17+£94k
20211.05+£28k
20201.00

Derived from filed accounts. Not audited figures.