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Tower 22 Ltd

12658534

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

98 GODSTONE ROAD, KENLEY, CR8 5AB
Incorporated 09/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings

Officers

Dr Krishnan Julian Satkunam

director · Since 09/06/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 9 other boards

Persons with Significant Control

Dr Krishnan Julian Satkunam

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

British · England · Age 49

98, Godstone Road, Kenley, CR8 5AB

Notified 09/06/2020

Charges3 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 19/05/2026Registered 25/05/2026
Charge
satisfied

WEST ONE LOAN LIMITED

Created 04/11/2025Registered 07/11/2025Satisfied 20/04/2026
Charge
outstanding

WEST ONE DEVELOPMENT FINANCE LIMITED

Created 31/08/2023Registered 06/09/2023
Charge
outstanding

GROVE TRM LIMITED

Created 31/08/2023Registered 06/09/2023

CompanyRankvs 17496+ SIC 41100 peers
55

Financial strength86th percentile among SIC peers · 22/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 9.68× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees2/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£270k

Balance sheet strength

Cash

£122

Cash in the bank

Net Current Assets

£8.1M

Working capital

Current Assets

£9.0M

Current Liabilities

£933k

Debtors

£4.1M

0avg. employees

Tax at Year End(2023)

VAT£13k

Balance Sheet

Assets less current liabilities£8.1M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20249.68+£30k
20230.95£258k

Derived from filed accounts. Not audited figures.