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High Tower Construction Limited

12237029

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

1ST FLOOR, ADHAN HOUSE 52A, BLACKBURN, BB2 6AH
Incorporated 01/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Mohmed Salim Ismail Patel

director · Since 14/04/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 14 other boards

Persons with Significant Control

Mohmed Salim Ismail Patel

75–100% shares
75–100% votes

British · United Kingdom · Age 57

1st Floor, Adhan House 52a, Preston New Road, Blackburn, BB2 6AH

Notified 14/04/2020

Former PSCs

Woodberry Secretarial Limited

Ceased 14/04/2020

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 9260+ SIC 41100 peers
64

Financial strength100th percentile among SIC peers · 25/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 16.07× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees7/15 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 31/10/2023

Net Worth

£22.7M

Balance sheet strength

Cash

£9.9M

Cash in the bank

Net Current Assets

£12.9M

Working capital

Current Assets

£13.8M

Current Liabilities

£859k

Debtors

£3.8M

1avg. employees

Tax at Year End(2020)

Corp tax£5k

Balance Sheet

Assets less current liabilities£40.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202316.07+£242k
202214.11-£8k
2021+£18.5M

Derived from filed accounts. Not audited figures.