Back to search

Torsion Phoenix (Holdco) Limited

14717255

active
Private Limited Company
england wales
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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1280 CENTURY WAY, LEEDS, LS15 8ZB
Incorporated 08/03/2023

Compliance

Last accounts

30/06/2024

full

Next accounts due

30/06/2026

Overdue

Confirmation statement

Last: 07/03/2026

Due 21/03/2027

On track

Industry

41100
Development of building projects

Officers

Mr Miles Mark Edward Hilton Dearden

director · Since 08/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 51 other boards

Mr David Frank Khalastchi

director · Since 08/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 30 other boards

Mr Daniel Thomas Spencer

director · Since 08/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 88 other boards

Mr Michael Robert Khalastchi

director · Since 08/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Torsion Developments Limited

25–50% shares
25–50% votes

Tomlinson House, Capitol Boulevard, Leeds, LS27 0TS

Reg: 11327247 · United Kingdom · Private Company Limited By Shares

Notified 08/03/2023

Khalbros (Saxton Lane) Limited

50–75% shares
25–50% votes

68 Grafton Way, London, W1T 5DS

Reg: 12814293 · United Kingdom · Private Company Limited By Shares

Notified 08/03/2023

Charges1 outstanding

Charge
outstanding

INVESTEC BANK PLC ACTING AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 21/12/2023Registered 22/12/2023
Charge
satisfied

MASLOW 2 LIMITED

Created 13/09/2023Registered 15/09/2023Satisfied 02/01/2024
Charge
satisfied

MASLOW 2 LIMITED

Created 13/09/2023Registered 15/09/2023Satisfied 02/01/2024

CompanyRankvs 62539+ SIC 41100 peers
19

Financial strength50th percentile among SIC peers · 13/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength13/25 pts

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

Employees2/15 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.

Longevity3/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/06/2024

Net Worth

£250

Balance sheet strength

Cash

£20k

Cash in the bank

Profit Before Tax

£0

Bottom line earnings

Net Current Assets

-£2.8M

Working capital

Current Assets

£49.9M

Current Liabilities

£52.7M

Debtors

£19.3M

Cost of Sales

£14.3M

Profit After Tax

£0

0avg. employees

Balance Sheet

Assets less current liabilities£777k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.95

Derived from filed accounts. Not audited figures.