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Tower 1 Limited

11820051

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

ROSEHILL HOUSE, WORCESTER, WR5 1EY
Incorporated 11/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Kidar Joshi

director · Since 11/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 10 other boards

Mr Mehrdad Solimanifar

director · Since 11/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Kidar Joshi

50–75% shares
50–75% votes
Appoint directors

British · England · Age 58

12, Warley Croft, Oldbury, B68 9JQ

Notified 11/02/2019

Mr Mehrdad Solimanifar

25–50% shares
25–50% votes

British · United Kingdom · Age 60

Rose Hill House, Rose Hill, Worcester, WR5 1EY

Notified 11/02/2019

Charges5 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 04/04/2025Registered 25/04/2025
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 04/04/2025Registered 25/04/2025
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 06/06/2024Registered 10/06/2024
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 30/06/2020Registered 24/07/2020
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 30/06/2020Registered 01/07/2020

CompanyRankvs 5437+ SIC 41201 peers
58

Financial strength95th percentile among SIC peers · 24/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.12× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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5437Tower 1 Limited
68
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.

Employees2/15 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.

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.

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 28/02/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£560k

Cash in the bank

Net Current Assets

£383k

Working capital

Current Assets

£724k

Current Liabilities

£341k

Fixed Assets

£2.6M

Debtors

£165k

Profit After Tax

£557k

0avg. employees

Tax at Year End

Dividends paid£80k

Balance Sheet

Assets less current liabilities£2.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.12+£477k
202416.61+£44k
20237.67-£170k
20227.32+£624k
20211.98—
20201.05—

Derived from filed accounts. Not audited figures.