Tower 48 Limited
12890803
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/09/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 6 other boards
Persons with Significant Control
Tower18 Ltd
98, Godstone Road, Kenley, CR8 5AB
Reg: 11169379 · United Kingdom · Limited Company
Notified 03/11/2025
Former PSCs
Dr Krishnan Julian Satkunam
Ceased 03/11/2025
Charges2 outstanding
HAMPSHIRE TRUST BANK PLC
WEST ONE LOAN LIMITED
WEST ONE DEVELOPMENT FINANCE LIMITED
SHOJIN SECURITY TRUSTEE LIMITED
CompanyRankvs 25709+ SIC 41100 peers50
Show leaderboard
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.
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
£22k
Balance sheet strength
Cash
£193
Cash in the bank
Net Current Assets
£11.9M
Working capital
Current Assets
£13.4M
Current Liabilities
£1.5M
Fixed Assets
£9.9M
Debtors
£45k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 8.94 | +£16k | — |
| 2023 | 12.93 | — | £893k |
| 2022 | 99.80 | — | £79k |
Derived from filed accounts. Not audited figures.