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T.H. Works Limited

15263062

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Unit 8 Lodge Farm Business Centre Wolverton Road, Castlethorpe, Milton Keynes, MK19 7ES
Incorporated 06/11/2023

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

30910
Manufacture of motorcycles

Officers

Mr Jody Lewis Millhouse

director · Since 06/11/2023

ENGINEER

BRITISH · UNITED KINGDOM · Age 30

Also on 3 other boards

Jody Lewis Millhouse

director · Since 06/11/2023

British · United Kingdom · Age 30

Persons with Significant Control

Mr Jody Lewis Millhouse

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 30

Unit 8 Lodge Farm Business Centre, Wolverton Road, Milton Keynes, MK19 7ES

Notified 06/11/2023

Thornton Hundred Holdings Ltd

75–100% shares

Unit 8, Wolverton Road, Milton Keynes, MK19 7ES

Notified 11/04/2025

Change History

statusactive
2026-06-13

Active

typeltd
2026-06-13

Private Limited Company

address line1Unit 8 Lodge Farm Business Centre Wolverton Road
2026-06-13

UNIT 8 LODGE FARM BUSINESS CENTRE WOLVERTON ROAD

post townMilton Keynes
2026-06-13

MILTON KEYNES

officer appointedMILLHOUSE, Jody Lewis
2026-06-13

CompanyRankvs 22+ SIC 30910 peers
67

Financial strength97th percentile among SIC peers · 24/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 21.51× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees5/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£186k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£167k

Working capital

Current Assets

£175k

Current Liabilities

£8k

Fixed Assets

£221k

0avg. employees

Balance Sheet

Assets less current liabilities£388k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
202421.51

Derived from filed accounts. Not audited figures.