Tearworks Limited
15104116
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 15/08/2025
Due 29/08/2026
Industry
Officers
Persons with Significant Control
Mr Sune Soegaard Hansen
Danish · United Kingdom · Age 34
20, Wenlock Road, London, N1 7GU
Notified 30/08/2023
Change History
Active
Private Limited Company
20 WENLOCK ROAD
LONDON
CompanyRankvs 7225+ SIC 59200 peers46
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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 31/08/2024
Net Worth
-£56k
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
£10k
Working capital
Current Assets
£11k
Current Liabilities
£800
Fixed Assets
£43k
Debtors
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 13.91 |
Derived from filed accounts. Not audited figures.