Company Overview
Thorntask Limited is a Dissolved Private Limited Company.
Registered Address

Thorn Place, Markfield Road, Tottenham, London, N15 4QF
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Companies House Data
Company NameTHORNTASK LIMITED
Company Number03443647
Registered Office AddressThorn Place
 Markfield Road
 N15 4QF
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date02/10/1997
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2016
Accounts Last Made Up Date31/10/2014
Accounts Account CategoryTOTAL EXEMPTION SMALL
Returns Next Due Date30/10/2016
Returns Last Made Up Date02/10/2015
Directors & Members
Show Resigned
Michael Downes - Director
(Irish, 70 years old, born January 1956)
Appointed 16 September 2016
 Active
Secretaries
Show Resigned
Michael Downes - Secretary
Appointed 16 September 2016
 Active
Other Company Directorships
Michael Downes
ASHGROVE ENGINEERING LIMITED
THORN LEAF LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Oct-2014 31-Oct-2013 31-Oct-2012
Balance Sheet
Fixed Assets 204,527 161,602 187,636
Current Assets 2,130,266 1,880,209 1,281,526
Creditors Due Within One Year 595,569 539,547 279,838
Working Cap 1,534,697 1,340,662 1,001,688
Total Assets Less Current Liabilities 1,739,224 1,502,264 1,189,324
Long-term Liabilities 0 0 0
Net Assets 1,739,224 1,502,264 1,189,324
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 1,739,124 1,502,164 1,189,224
Other Reserves 0 0 0
Shareholders Funds 1,739,224 1,502,264 1,189,324
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2014 31-Oct-2013 31-Oct-2012
Tangible Fixed Assets - - -
Fixed Assets 8.8% 7.9% 12.8%
Stocks Inventory 13.5% 7.6% 17.1%
Debtors 74.9% 69.7% 68.5%
Cash Bank In Hand 2.9% 14.1% 0.0%
Current Assets 91.2% 92.1% 87.2%
Creditors Due Within One Year 25.5% 26.4% 19.0%
Net Current Assets Liabilities 65.7% 65.7% 68.2%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 74.5% 73.6% 81.0%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 74.5% 73.6% 80.9%
Shareholder Funds 74.5% 73.6% 81.0%
Capital Employed - - -
Total Assets Less Current Liabilities 74.5% 73.6% 81.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2014 31-Oct-2013 31-Oct-2012
Liquidity Ratio 3.6 3.5 4.6
Solvency Ratio 3.9 3.8 5.3
Reserves to Assets 0.7 0.7 0.8
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2014 31-Oct-2013 31-Oct-2012
Assets 2,334,793 2,041,811 1,469,162
Debt 595,569 539,547 279,838
Net Assets/Debt 1,739,224 1,502,264 1,189,324
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Dissolution deferment
Completion of winding up
Order of court to wind up
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Appointment of Mr Michael Downes as a secretary on 16 September 2016
Appointment of Mr Michael Downes as a director on 16 September 2016
Termination of appointment of Gordon Killian Bransfield as a secretary on 21 June 2016
Termination of appointment of Paul Gallagher as a director on 21 June 2016
Compulsory strike-off action has been discontinued
Satisfaction of charge 1 in full
Annual return made up to 2 October 2015 with full list of shareholders
First Gazette notice for compulsory strike-off
Termination of appointment of Sean Downes as a secretary on 4 June 2015
Termination of appointment of Michael Downes as a director on 4 June 2015
Appointment of Mr Gordon Killian Bransfield as a secretary on 4 June 2015
Appointment of Mr Paul Gallagher as a director on 4 June 2015
Annual return made up to 2 October 2014 with full list of shareholders
Amended accounts made up to 31 October 2012
Annual return made up to 2 October 2013 with full list of shareholders
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