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Tower 23 Ventures Ltd

12305178

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

THE OLD DOCTOR'S HOUSE, DUDLEY, DY1 2AW
Incorporated 08/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores

Officers

Mr. Kulvinder Singh Kandola

director · Since 08/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Mrs. Narinder Kandola

director · Since 28/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr. Kulvinder Singh Kandola

25–50% shares
25–50% votes
Appoint directors

British · England · Age 59

The Old Doctor's House, 74 Grange Road, Dudley, DY1 2AW

Notified 08/11/2019

Mrs. Narinder Kandola

25–50% shares
25–50% votes

British · England · Age 55

The Old Doctors House, 74 Grange Road, Dudley, DY1 2AW

Notified 28/04/2022

CompanyRankvs 970+ SIC 47290 peers
71

Financial strength87th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.19× · 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 strength22/25 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

£76k

Balance sheet strength

Cash

£109k

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£423k

Current Liabilities

£355k

Fixed Assets

£86k

Debtors

£299k

49avg. employees

Balance Sheet

Assets less current liabilities£154k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19-£80k
20241.52+£37k
20231.52-£144k
20222.23-£144k
20212.03+£147k
20201.50

Derived from filed accounts. Not audited figures.