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Torsion (Index House) Devco Ltd

11930901

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

1280 CENTURY WAY, LEEDS, LS15 8ZB
Incorporated 08/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Daniel Thomas Spencer

director · Since 08/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 88 other boards

Persons with Significant Control

Torsion Developments Limited

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

1280, Century Way, Leeds, LS15 8ZB

Reg: 11327247 · Register Of Companies · Limited Company

Notified 09/04/2019

Former PSCs

Mr Daniel Thomas Spencer

Ceased 08/04/2019

CompanyRankvs 509820+ SIC 41100 peers
42

Financial strength22th percentile among SIC peers · 6/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.03× · 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 strength6/25 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.

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 31/12/2024

Net Worth

-£199

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£129k

Current Liabilities

£125k

0avg. employees

Balance Sheet

Assets less current liabilities£4k

EstimatesDerived

YearCurrent Ratio
20241.03
20231.13
20221.24
20211.53
20211.50
20201.00

Derived from filed accounts. Not audited figures.