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Tubnet Ltd

13464425

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O OCELOT ACCOUNTING, POOLE, BH15 2PG
Incorporated 18/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63990
Other information service activities

Officers

Mr Lee Dustan Smith

secretary · Since 18/06/2021

Mr Tobias James Smith

director · Since 18/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 22

Also on 4 other boards

Mrs Victoria Jane Smith

director · Since 18/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Persons with Significant Control

Timbers Group Ltd

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

C/O Ocelot Accounting, 54 Parkstone Road, Poole, BH15 2PG

Reg: 13460758 · Uk Register Of Companies · Private Company Limited By Shares

Notified 18/06/2021

CompanyRankvs 18195+ SIC 63990 peers
16

Financial strength1th percentile among SIC peers · 0/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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18195Tubnet Ltd
21
How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/03/2025

Net Worth

-£509k

Balance sheet strength

Cash

£539

Cash in the bank

Net Current Assets

-£509k

Working capital

Current Assets

£804k

Current Liabilities

£1.3M

Debtors

£804k

Director Loans

Company owes directors£1k

Balance Sheet

Assets less current liabilities-£509k
Signed by Mr T J Smith 22/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.61-£7k
20240.62-£5k
20230.62—
20221.00—

Derived from filed accounts. Not audited figures.