TRULY TWISTED YARNS LIMITED



Company Number: 05270566
Incorporation date: 27-Oct-2004
Dissolved date: 05-Jul-2016
Status: Dissolved

SIC codes:
13300 Finishing of textiles





SUMMARY

This company is 19.4 years old and is currently dissolved since 05-Jul-2016. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -8.7 thousand which has worsened since the previous year's figure of GBP -6.2 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -2.5 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -8.7 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. . The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)


Accounts Filed: (31-Mar-2015)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2015 GBP 2,075 2,075 11,778 2 -8,705 -8,703
31-Mar-2014 GBP 3,658 3,658 12,814 2 -6,158 -6,156
31-Mar-2013 GBP 5,054 5,054 12,401 2 -4,049 -4,047
31-Mar-2012 GBP 2 2 2 2
31-Mar-2011 GBP 2 2

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2012 GBP 100.00% 2 0 2 -1
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned A.C. SECRETARIES LIMITED 27 Oct 2004 27 Oct 2004 3 - 1511
unknown Paul Martin HOTCHIN 27 Oct 2004 29 Mar 2024 2 - 3

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned A.C. DIRECTORS LIMITED 27 Oct 2004 27 Oct 2004 0 - 1442746 (51.7%)
Resigned? Paul Martin HOTCHIN 27 Oct 2004 Company Director British 2 - 33 (60.0%)
Resigned? Susan Mary HOTCHIN 27 Oct 2004 Company Director British 1 - 43 (60.0%)
No director information in our Database

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

No information on directors in other companies.

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

TRULY TWISTED YARNS LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 13300 Finishing of textiles)

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BLUE MILL LIMITED 84 HALSTEAD STREET, LEICESTER, LE5 3RD 03833487 2018-08-31 171,236 0 82990-Other business support service activities not elsewhere classified
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PLUS FIT CLOTHING LIMITED 17 COBDEN HOUSE, COBDEN STREET, LEICESTER, UNITED KINGDOM, LE1 2LB 10152860 2018-04-30 102,078 0 46160-Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
62020-Information technology consultancy activities
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14200-Manufacture of articles of fur
74100-specialised design activities
IVORY IRIS LTD 190 WOOLWICH ROAD, BEXLEYHEATH, ENGLAND, DA7 4LN 08746750 2018-10-23 30,925 0 13990-Manufacture of other textiles not elsewhere classified
J S SEWING LIMITED 13 LAGGAN CLOSE, NUNEATON, WARWICKSHIRE, ENGLAND, CV10 9TF 10251984 2017-06-30 11,983 0
VOKES & ELSHEIKH LTD 20 ST. AGATHA ROAD, CARDIFF, WALES, CF14 4EB 07875185 2018-12-31 9,267 0 14132-Manufacture of other women's outerwear
OPTIMUM BEDDING LIMITED 22 OLD END, PADBURY, BUCKINGHAM, ENGLAND, MK18 2BB 07005432 2018-09-30 2,230 0

LIQUIDATION RISK (BETA)



This company is Dissolved. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
Company status 100.0% 100.0% 100.0% High
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.6% 7.1% Medium
Accounts category 0.7% 3.6% 7.1% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium