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Tellus Industries Ltd

12943487

active
ltd
wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

34 Cypress Avenue, West Cross, Swansea, SA3 5JX
Incorporated 12/10/2020

Previously known as

Mahler Services Limited · until 15/10/2020

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 12/07/2025

Due 26/07/2026

On track

Industry

02200
Logging
49410
Freight transport by road
52103
52103

Officers

Alan Boyd Avery

director · Since 01/10/2021

British · Wales · Age 40

Former

Liam Hill

director · Resigned 24/06/2021

Alan Boyd Avery

director · Resigned 01/11/2023

Persons with Significant Control

Mr Alan Boyd Avery

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

British · Wales · Age 40

34, Cypress Avenue, Swansea, SA3 5JX

Notified 12/10/2020

Former PSCs

Mr Liam Hill

Ceased 24/06/2021

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line134 Cypress Avenue
2026-06-09

34 CYPRESS AVENUE

post townSwansea
2026-06-09

SWANSEA

CompanyRankvs 599+ SIC 02200 peers
26

Financial strength3th percentile among SIC peers · 1/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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.

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

Key FinancialsYear ending 31/10/2024

Turnover

£14k

Annual revenue

Net Worth

-£136k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£573

Current Liabilities

£67k

Fixed Assets

£2k

Profit After Tax

-£34k

0avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities-£65k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£35k
20230.04

Derived from filed accounts. Not audited figures.