Tora Cycles Ltd
12719172
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/07/2020
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 3 other boards
Persons with Significant Control
Mr Neil Anthony Pengilley
British · England · Age 46
36, New Street, Plymouth, PL1 2NA
Notified 04/07/2020
Former PSCs
Mr James Andrew Bannochie
Ceased 20/05/2024
CompanyRankvs 1268+ SIC 32300 peers29
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£21k
Working capital
Current Assets
-£21k
Current Liabilities
—
Fixed Assets
£18k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£7k |
| 2024 | -0.28 | +£26k |
| 2023 | 0.15 | — |
Derived from filed accounts. Not audited figures.