Thornex Developments Limited
13868355
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/01/2025
micro entity
Next accounts due
31/10/2026
Confirmation statement
Last: 23/01/2026
Due 06/02/2027
Industry
Officers
Persons with Significant Control
Mr Joseph Christopher Musgrave
British · England · Age 60
Wynyard Park House, Wynyard Avenue, Billingham, TS22 5TB
Notified 24/01/2022
Change History
Active
Private Limited Company
WYNYARD PARK HOUSE WYNYARD AVENUE
BILLINGHAM
CompanyRankvs 1296+ SIC 64203 peers49
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£50
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£3k
Working capital
Current Assets
£3k
Current Liabilities
£50
Fixed Assets
£450k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 55.24 |
Derived from filed accounts. Not audited figures.