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Twinmar London Limited

12639738

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

14 MAXTED ROAD, HEMEL HEMPSTEAD, HP2 7DX
Incorporated 02/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47721
47721

Officers

Mr David Bordon

director · Since 24/06/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 10 other boards

Mr Marcel Bordon

director · Since 24/06/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 16 other boards

Mr Michael Bordon

director · Since 24/06/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 7 other boards

Mr Christopher Collins

director · Since 24/06/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 2 other boards

Persons with Significant Control

Twinmar Group Limited

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

14, Maxted Road, Hemel Hempstead, HP2 7DX

Reg: 10302742 · Companies House · Limited By Shares

Notified 03/06/2020

Former PSCs

L.M.S. Nominees Limited

Ceased 03/06/2020

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 04/11/2024Registered 05/11/2024
Charge
outstanding

TWINMAR LIMITED

Created 24/06/2020Registered 29/06/2020

CompanyRankvs 17660+ SIC 47721 peers
16

Financial strength1th percentile among SIC peers · 0/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 28/06/2025

Net Worth

-£1.5M

Balance sheet strength

Cash

£915k

Cash in the bank

Profit Before Tax

-£2.3M

Bottom line earnings

Net Current Assets

-£1.8M

Working capital

Current Assets

£7.0M

Current Liabilities

£8.9M

Fixed Assets

£457k

Debtors

£2.9M

Admin Expenses

£1.7M

Profit After Tax

-£1.7M

2avg. employees

Tax at Year End

Dividends paid£48k

People Costs

Wages & salaries£2.7M

Balance Sheet

Intangible assets£0
Assets less current liabilities-£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.79+£0
20250.79-£1.7M
20241.01-£899k
20231.16
20221.85
20211.19

Derived from filed accounts. Not audited figures.