Twinhub Limited
13262476
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 12/06/2026
Due 26/06/2027
Industry
Officers
director · Since 12/03/2021
MANAGER
BRITISH · UNITED KINGDOM · Age 58
Also on 1 other board
Persons with Significant Control
Hexicon Ab
Tegelbacken 4 A, Stockholm, SE 111 52
Reg: 556795-9894 · Sweden · Aktiebolag (Ab)
Notified 12/03/2021
Hexicon Developments Uk Limited
Woodwater House, Pynes Hill, Exeter, EX2 5WR
Reg: 13658274 · Companies House · Limited By Shares
Notified 31/03/2026
CompanyRankvs 2265+ SIC 42220 peers22
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
funding should the Company continue to trade. These events and conditions indicate the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. Nevertheless, as no decision has been taken to liquidate the Company and the directors consider that the Company will be able to meet its liabilities as they fall due until such time as a
Key FinancialsYear ending 31/12/2025
Net Worth
-£14.1M
Balance sheet strength
Cash
£903
Cash in the bank
Net Current Assets
-£12k
Working capital
Current Assets
£6k
Current Liabilities
£18k
Fixed Assets
£2.8M
Debtors
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.33 | -£12.4M |
| 2024 | 6.96 | — |
Derived from filed accounts. Not audited figures.