Back to search

Project Thor Noteco Limited

15326742

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

LEVEL 9, ANCHORAGE 2, SALFORD, M50 3YW
Incorporated 04/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Jolyon James Latimer

director · Since 04/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 16 other boards

Mr Thomas James Mcdonnell

director · Since 04/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 4 other boards

Kenneth Mcpherson

director · Since 15/12/2023

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 56

Also on 4 other boards

Mr Garry Partington

director · Since 15/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 9 other boards

Persons with Significant Control

Project Thor Topco Limited

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

Level 9 Anchorage 2, Salford Quays, Salford, M50 3XE

Reg: 15326482 · Companies House · Limited By Shares

Notified 04/12/2023

CompanyRankvs 264610+ SIC 64209 peers
38

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Bibby Line Group Limited
90
2A H Worth And Company Limited
90
3Lancaster Leisure Limited
90
4Tindle Newspapers Limited
90
5Dukefield Limited
90
6Roberto Bucci (U.K.) Limited
90
7Cullingworth Commercials And Freight Services Limited
90
8Unusual Industries Limited
90
9Thrift Developments Limited
90
10M Investment Group Limited
90
26461Project Thor Noteco Limited
44
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.

Employees14/15 pts

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

Liquidity16/20 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

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 going co

Key FinancialsYear ending 31/03/2025

Net Worth

-£1.5M

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

-£1.2M

Bottom line earnings

Net Current Assets

£22.4M

Working capital

Current Assets

£52.2M

Current Liabilities

£29.7M

Debtors

£20k

Admin Expenses

£2k

Operating Profit

-£2k

Profit After Tax

-£1.2M

4avg. employees

Balance Sheet

Assets less current liabilities£22.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.75-£1.2M
20241.75—

Derived from filed accounts. Not audited figures.