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Torsion (Flax Place) Devco Limited

15938492

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

1280 CENTURY WAY, LEEDS, LS15 8ZB
Incorporated 05/09/2024

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/09/2025

Due 18/09/2026

On track

Industry

41100
Development of building projects

Officers

Mr Miles Mark Edward Hilton Dearden

director · Since 05/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 51 other boards

Mr Daniel Thomas Spencer

director · Since 05/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 88 other boards

Mr David William Worsley

director · Since 05/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 47 other boards

Persons with Significant Control

Torsion Developments Limited

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

1280, Century Way, Leeds, LS15 8ZB

Reg: 11327247 · Register Of Companies · Company Limited By Shares

Notified 05/09/2024

Charges1 outstanding

Charge
outstanding

ALO TOWER S.A. R.L., ACTING IN RESPECT OF ITS COMPARTMENT 7

Created 13/12/2024Registered 18/12/2024

CompanyRankvs 44742+ SIC 41100 peers
37

Financial strength30th percentile among SIC peers · 8/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 15.77× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength8/25 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.

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.

Longevity2/15 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 31/12/2024

Net Worth

£2

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£15.3M

Working capital

Current Assets

£16.4M

Current Liabilities

£1.0M

0avg. employees

Balance Sheet

Assets less current liabilities£15.3M

EstimatesDerived

YearCurrent Ratio
202415.77

Derived from filed accounts. Not audited figures.