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Twenefour Developments Ltd

11823872

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

61 BRIDGE STREET, KINGTON, HR5 3DJ
Incorporated 13/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Daniel Twenefour

director · Since 13/02/2019

BUSINESS MAN

BRITISH · UNITED KINGDOM · Age 36

Also on 3 other boards

Persons with Significant Control

Mr Daniel Twenefour

75–100% shares

British · United Kingdom · Age 36

61, Bridge Street, Kington, HR5 3DJ

Notified 13/02/2019

Charges2 outstanding

Charge
satisfied

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CHORDIS CAPITAL LIMITED

Created 14/09/2021Registered 16/09/2021Satisfied 02/02/2024
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CHORDIS CAPITAL LIMITED

Created 14/09/2021Registered 16/09/2021Satisfied 02/02/2024
Charge
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GFS 1 LTD

Created 24/02/2021Registered 01/03/2021Satisfied 14/04/2022
Charge
satisfied

GFS 1 LTD

Created 24/02/2021Registered 01/03/2021Satisfied 14/04/2022

CompanyRankvs 84072+ SIC 68100 peers
35

Financial strength6th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 70.86× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 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.

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 28/02/2024

Net Worth

-£61k

Balance sheet strength

Cash

£84k

Cash in the bank

Net Current Assets

£83k

Working capital

Current Assets

£84k

Current Liabilities

£1k

Fixed Assets

£1.1M

Tax at Year End

Corp tax-£17

Director Loans

Company owes directors£25k

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr DANIEL TWENEFOUR 04/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202470.86-£126k
20233.26—

Derived from filed accounts. Not audited figures.