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2 Tower Road Limited

13440545

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

146 NEW LONDON ROAD, CHELMSFORD, CM2 0AW
Incorporated 07/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr David Molineaux

director · Since 09/02/2026

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Jack Pumfrett

director · Since 09/02/2026

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Ongar Developments Limited

25–50% shares
25–50% votes
Appoint directors

5a, Loten Road, Benfleet, SS7 5DD

Reg: 09215653 · United Kingdom Company Registry · Limited Company

Notified 09/02/2026

Jpc Construction Limited

25–50% shares
25–50% votes
Appoint directors

The Old Grange Warren Estate, Lordship Road, Chelmsford, CM1 3WT

Reg: 06419226 · United Kingdom Company Registry · Limited Company

Notified 09/02/2026

Former PSCs

Mr Simon James Upton

Ceased 15/02/2024

Habitat Plus Limited

Ceased 06/07/2021

Watt White Properties Limited

Ceased 09/02/2026

Charges1 outstanding

A registered charge
satisfied

AVAMORE CAPITAL BRIDGING LIMITED

Created 30/04/2024Registered 02/07/2026Satisfied 02/07/2026
Charge
outstanding

AVAMORE CAPITAL BRIDGING LIMITED

Created 30/04/2024Registered 02/05/2024
Charge
satisfied

MINT PROPERTY FINANCE LIMITED

Created 27/07/2023Registered 31/07/2023Satisfied 02/05/2024

CompanyRankvs 60637+ SIC 41100 peers
30

Financial strength15th percentile among SIC peers · 4/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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606372 Tower Road Limited
36
How is this score calculated?
Financial strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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.

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 31/03/2025

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£513k

Current Liabilities

£522k

2avg. employees+2

Director Loans(2024)

Company owes directors£311k

Balance Sheet

Assets less current liabilities-£9k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98-£6k
20240.99-£2k
20230.97—

Derived from filed accounts. Not audited figures.