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Pigeon (Twinwoods) Limited

14966674

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Salisbury House, Station Road, Cambridge, CB1 2LA
Incorporated 28/06/2023

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/10/2025

Due 01/11/2026

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr William Henry Van Cutsem

director · Since 28/06/2023

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 45 other boards

Mr Daniel Morgan Kelly

director · Since 13/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 5 other boards

Mr David Michael Seddon

director · Since 01/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 12 other boards

William Henry Van Cutsem

director · Since 28/06/2023

British · England · Age 46

Daniel Morgan Kelly

director · Since 13/11/2023

British · England · Age 39

David Michael Seddon

director · Since 01/12/2024

British · England · Age 44

Former

Ian Colin Plumb

director · Resigned 13/11/2023

Anthony John Dawes

director · Resigned 01/12/2024

Persons with Significant Control

Twinwoods Jv Limited

75–100% shares
75–100% votes

Salisbury House, Station Road, Cambridge, CB1 2LA

Reg: 15219164 · England And Wales · Private Company Limited By Shares

Notified 18/10/2023

Former PSCs

William Henry Van Cutsem

Ceased 18/10/2023

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/07/2025Registered 14/07/2025

Change History

statusactive
2026-08-13

Active

typeltd
2026-08-13

Private Limited Company

address line1Salisbury House
2026-08-13

SALISBURY HOUSE

post townCambridge
2026-08-13

CAMBRIDGE

officer appointedKELLY, Daniel Morgan
2026-08-13
officer appointedSEDDON, David Michael
2026-08-13
officer appointedVAN CUTSEM, William Henry
2026-08-13

CompanyRankvs 84952+ SIC 41100 peers
12

Financial strength0th percentile among SIC peers · 0/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Outstanding charges: -10 pts

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

-£3.9M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

-£2.8M

Working capital

Current Assets

£1.9M

Current Liabilities

£4.7M

Fixed Assets

£21.4M

Debtors

£390k

0avg. employees

Tax at Year End(2024)

Corp tax£24k

Balance Sheet

Assets less current liabilities£18.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.40-£2.0M
20240.80

Derived from filed accounts. Not audited figures.