Titanbay Ltd
12175760
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 20/06/2026
Due 04/07/2027
Industry
Officers
director · Since 27/08/2019
PORTFOLIO MANAGER
FINNISH · ENGLAND
Also on 1 other board
director · Since 01/04/2024
DIRECTOR
DANISH · PORTUGAL
Also on 2 other boards
Phillip John Smith
director · Since 13/02/2025
BRITISH · UNITED KINGDOM
Persons with Significant Control
Mr Jussi Petteri Nyrola
Finnish · United Kingdom
Notified 27/08/2019
Former PSCs
Mr Jussi Nyrola
Ceased 27/08/2019
Mr Jussi Petteri Nyrola
Ceased 28/06/2022
Charges1 outstanding
BPC UK LENDING DAC
CompanyRankvs 12678+ SIC 64999 peers29
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
investment and/or increase in revenue. The directors acknowledge that these circumstances represent a material uncertainty that may cast significant doubt on the Company’s ability to continue as a going concern. On this basis, the directors have a reasonable expectation that the Company will continue in operational existence for at least 12 months from the date of approval of these financial state
Key FinancialsYear ending 31/12/2025
Net Worth
-£4.7M
Balance sheet strength
Cash
£3.8M
Cash in the bank
Net Current Assets
£1.4M
Working capital
Current Assets
£4.8M
Current Liabilities
£3.4M
Fixed Assets
£948k
Debtors
£1.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.40 | -£1.2M |
| 2024 | — | -£6.4M |
Derived from filed accounts. Not audited figures.