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Towers Associates Ltd

13970765

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)
  • Current liabilities exceed current assets (-10)

Details

MACHINE WORKS HOUSE, HAYES, UB3 1FD
Incorporated 11/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71111
Architectural activities

Officers

Mr Peter David Norman

director · Since 11/03/2022

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 68

Mr Jason Keith Venn

director · Since 11/03/2022

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Miss Tara Frances Sharon Weaver

director · Since 11/03/2022

BUSINESSPERSON

BRITISH · UNITED KINGDOM · Age 27

Persons with Significant Control

Mr Peter David Norman

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

British · United Kingdom · Age 68

Unit 4, Peter James Business Centre, Hayes, UB3 3NT

Notified 11/03/2022

Mr Jason Keith Venn

25–50% shares
25–50% votes

British · United Kingdom · Age 47

Unit 4, Peter James Business Centre, Hayes, UB3 3NT

Notified 11/03/2022

Miss Tara Frances Sharon Weaver

25–50% shares
25–50% votes

British · United Kingdom · Age 27

Unit 4, Peter James Business Centre, Hayes, UB3 3NT

Notified 11/03/2022

CompanyRankvs 13679+ SIC 71111 peers
39

Financial strength9th percentile among SIC peers · 2/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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13679Towers Associates Ltd
35
How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

Longevity4/15 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.

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

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£36k

Current Liabilities

£52k

3avg. employees

Balance Sheet

Assets less current liabilities-£4k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.69+£10k
20240.59+£17k
20230.41—

Derived from filed accounts. Not audited figures.