Torsion (Park Lane) Devco Limited
13086987
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 15/12/2025
Due 29/12/2026
Industry
Officers
director · Since 17/12/2020
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 51 other boards
director · Since 17/12/2020
DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 88 other boards
director · Since 14/12/2023
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 7 other boards
director · Since 14/12/2023
DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 7 other boards
Persons with Significant Control
Zenzic Torsion Jv Co Limited
1280, Century Way, Leeds, LS15 8ZB
Reg: 15285456 · Register Of Companies · Limited Company
Notified 14/12/2023
Former PSCs
Torsion Developments Limited
Ceased 14/12/2023
Mr Daniel Thomas Spencer
Ceased 18/12/2020
Barnett Property Group Limited
Ceased 13/12/2023
Charges1 outstanding
MOUNT STREET MORTGAGE SERVICING LIMITED (AS SECURITY AGENT)
ZORIN AVENUE LENDCO 6 LIMITED
ZORIN AVENUE LENDCO 6 LIMITED
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ALDERMORE BANK PLC
ALDERMORE BANK PLC
CompanyRankvs 41462+ SIC 41100 peers38
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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.
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 31/12/2024
Net Worth
£2.0M
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£2.9M
Working capital
Current Assets
£1.2M
Current Liabilities
£4.1M
Fixed Assets
£17.7M
Debtors
£1.2M
Profit After Tax
-£168k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.30 | -£292k |
| 2023 | 0.21 | — |
| 2022 | 0.11 | — |
| 2021 | 0.03 | — |
Derived from filed accounts. Not audited figures.