Company Overview
Torc Product Development Limited is a Dissolved Private Limited Company.
Registered Address

The Mount Business Park, 2 Woodstock Link, Belfast, BT6 8DD
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Companies House Data
Company NameTORC PRODUCT DEVELOPMENT LIMITED
Company NumberNI607799
Registered Office AddressThe Mount Business Park
 2 Woodstock Link
 BT6 8DD
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date09/06/2011
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2020
Accounts Last Made Up Date31/07/2018
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date07/07/2017
Returns Last Made Up Date09/06/2016
Directors & Members
Show Resigned
Michael Calo - Director
(American, 49 years old, born October 1977)
Appointed 17 November 2017
Active
Ryan Colhoun - Director
(British, 40 years old, born February 1986)
Appointed 17 November 2017
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Jul-2018 30-Jun-2016 30-Jun-2015
Balance Sheet
Fixed Assets 32,392 32,392 42,207
Current Assets 129,766 129,766 143,569
Creditors Due Within One Year 70,259 70,259 73,684
Working Cap 59,507 59,507 69,885
Total Assets Less Current Liabilities 91,899 91,899 112,092
Long-term Liabilities 5,597 5,597 13,182
Net Assets 86,302 86,302 98,910
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 86,202 86,202 98,810
Other Reserves 0 0 0
Shareholders Funds 86,302 86,302 98,910
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2018 30-Jun-2016 30-Jun-2015
Tangible Fixed Assets 20.0% 20.0% 22.7%
Fixed Assets 20.0% 20.0% 22.7%
Stocks Inventory 33.7% 33.7% 16.2%
Debtors 15.1% 15.1% 28.8%
Cash Bank In Hand 31.3% 31.3% 32.3%
Current Assets 80.0% 80.0% 77.3%
Creditors Due Within One Year 43.3% 43.3% 39.7%
Net Current Assets Liabilities 36.7% 36.7% 37.6%
Creditors Due After One Year - - 3.1%
Accruals Deferred Income - - -
Provisions For Liabilities Charges 3.5% 3.5% 4.0%
Net Assets Liabilities Including Pension Asset Liability 53.2% 53.2% 53.2%
Called Up Share Capital 0.1% 0.1% 0.1%
Share Capital Allotted Called Up Paid 0.1% 0.1% 0.1%
Profit Loss Account Reserve 53.2% 53.2% 53.2%
Shareholder Funds 53.2% 53.2% 53.2%
Capital Employed - - -
Total Assets Less Current Liabilities 56.7% 56.7% 60.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2018 30-Jun-2016 30-Jun-2015
Liquidity Ratio 1.8 1.8 1.9
Solvency Ratio 2.1 2.1 2.1
Reserves to Assets 0.5 0.5 0.5
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2018 30-Jun-2016 30-Jun-2015
Assets 162,158 162,158 185,776
Debt 75,856 75,856 86,866
Net Assets/Debt 86,302 86,302 98,910
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 via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 9 June 2018 with updates
Registered office address changed from Marlborough House 30 Victoria Street Belfast County Antrim BT1 3GG to The Mount Business Park 2 Woodstock Link Belfast BT6 8DD on 14 June 2018
Current accounting period extended from 30 June 2018 to 31 July 2018
Notification of Trucorp Holdings Limited as a person with significant control on 17 November 2017
Cessation of Declan O'duil as a person with significant control on 17 November 2017
Resolutions
Appointment of Director Michael Calo as a director on 17 November 2017
Appointment of Ryan Colhoun as a director on 17 November 2017
Termination of appointment of Una O'duil as a director on 17 November 2017
Termination of appointment of Declan O'duil as a director on 17 November 2017
Registered office address changed from 67 Clanconnel Gardens Waringstown Craigavon County Armagh BT66 7RR to Marlborough House 30 Victoria Street Belfast County Antrim BT1 3GG on 12 December 2017
Confirmation statement made on 9 June 2017 with updates
Annual return made up to 9 June 2016 with full list of shareholders
Annual return made up to 9 June 2015 with full list of shareholders
Annual return made up to 9 June 2014 with full list of shareholders
Annual return made up to 9 June 2013 with full list of shareholders

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