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Torsion Projects Limited

12092020

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

TOMLINSON HOUSE CAPITOL BOULEVARD, LEEDS, LS27 0TS
Incorporated 08/07/2019

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/07/2025

Due 21/07/2026

On track

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Daniel Thomas Spencer

director · Since 08/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 88 other boards

Mr Martin Carl Hutson

director · Since 16/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 58 other boards

Persons with Significant Control

Mr Daniel Thomas Spencer

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

British · England · Age 45

Tomlinson House, Capitol Boulevard, Leeds, LS27 0TS

Notified 08/07/2019

Mr Martin Carl Hutson

25–50% shares
25–50% votes

British · England · Age 60

Tomlinson House, Capitol Boulevard, Leeds, LS27 0TS

Notified 10/05/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/10/2024Registered 30/10/2024

CompanyRankvs 23210+ SIC 41201 peers
53

Financial strength95th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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2321Torsion Projects Limited
73
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.

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£896k

Balance sheet strength

Cash

£737k

Cash in the bank

Profit Before Tax

£505k

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£15.8M

Current Liabilities

£14.5M

Fixed Assets

£5k

Debtors

£15.0M

Admin Expenses

£569k

Profit After Tax

£382k

67avg. employees+16

Tax at Year End

Corp tax£307k

Balance Sheet

Bank loans & overdrafts£130k
Assets less current liabilities£1.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.09+£382k
20231.05+£396k
20221.03—
20211.02—
20201.00—

Derived from filed accounts. Not audited figures.