# TOWERBAY LIMITED (03192801)

> TOWERBAY LIMITED is an active private limited company (company number 03192801) incorporated on 30 April 1996, registered in London. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 30 April 2025, showing net assets of £1.51m and cash of £170k, with 3 employees on average. Net assets fell 1% on the prior period (£1.52m).

- Status: Active
- Incorporated: 1996-04-30
- Registered office: London, EC4R 1AG
- SIC 41100: Development of building projects
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-05-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 12,682 comparable companies in London (median £413, upper quartile £73k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | £1.51m | £170k | — | £49k | — | £61k | 3 |
| 2024-04-30 | £1.52m | £166k | — | £56k | — | £74k | 3 |
| 2023-05-01 | — | — | — | — | — | — | — |

current ratio 3.56; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £1,505,950 at 30 April 2025
- Current assets at least 1.5× creditors within one year: Current ratio 3.56
- Cash at bank of £50,000 or more: Cash £169,627
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 30 April 1996

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Chan Wah Man — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-04-30
- Chan Ying Man — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-04-30

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03192801
HTML: https://firmoscan.com/company/03192801-towerbay-limited