Tongs Auction House Limited
14175044
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/06/2022
DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 1 other board
Persons with Significant Control
Mr Matthew William Tong
British · England · Age 45
Unit 1, Advance Park, Rhosymedre, LL14 3YR
Notified 15/06/2022
CompanyRankvs 677+ SIC 47791 peers61
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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 30/06/2025
Net Worth
£75k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£45k
Working capital
Current Assets
£69k
Current Liabilities
£25k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.71 | +£58k |
| 2024 | 1.26 | +£19k |
Derived from filed accounts. Not audited figures.