Company Overview
Techwax Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 24 May 1991, so this is a well established company. Techwax Limited has been in business for 34 years and 10 months. The accounts status is full and the accounts are next due on Tuesday 30 June 2026.
Registered Address

Unit 4B Whinbank Park Whinbank Road, Aycliffe Industrial Park, Newton Aycliffe, Co Durham, DL5 6AY
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Companies House Data
Company NameTECHWAX LIMITED
Company Number02614599
Registered Office AddressUnit 4b Whinbank Park Whinbank Road
 Aycliffe Industrial Park
 DL5 6AY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/05/1991
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2026
Accounts Last Made Up Date30/09/2024
Accounts Account CategoryFULL
Returns Next Due Date21/06/2017
Returns Last Made Up Date24/05/2016
Directors & Members
Show Resigned
Kevin Higgins - Director
(American, 41 years old, born April 1985)
Appointed 02 July 2018
 Active
Dingeman Van Der Heiden - Director
(Dutch, 65 years old, born April 1961)
Appointed 02 December 2021
 Active
Secretaries
Show Resigned
Dingeman Van Der Heiden - Secretary
Appointed 04 April 2022
 Active
Other Company Directorships
Kevin Higgins
ISP MICROCAPS (U.K.) LIMITED
Dingeman Van Der Heiden
ASHLAND SPECIALTIES UK LIMITED
ISP MICROCAPS (U.K.) LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Balance Sheet
Fixed Assets 1,707,242 1,707,242 1,902,456
Current Assets 1,399,625 1,399,625 1,028,082
Creditors Due Within One Year 439,757 439,757 405,850
Working Cap 959,868 959,868 622,232
Total Assets Less Current Liabilities 2,667,110 2,667,110 2,524,688
Long-term Liabilities 282,777 282,777 307,493
Net Assets 2,384,333 2,384,333 2,217,195
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2,384,333 2,384,333 2,217,195
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Tangible Fixed Assets - - -
Fixed Assets 55.0% 55.0% 64.9%
Stocks Inventory - - -
Debtors 45.0% 45.0% 35.1%
Cash Bank In Hand - - -
Current Assets 45.0% 45.0% 35.1%
Creditors Due Within One Year 14.2% 14.2% 13.8%
Net Current Assets Liabilities 30.9% 30.9% 21.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 76.7% 76.7% 75.7%
Capital Employed - - -
Total Assets Less Current Liabilities 85.8% 85.8% 86.2%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Liquidity Ratio 3.2 3.2 2.5
Solvency Ratio 4.3 4.3 4.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Assets 3,106,867 3,106,867 2,930,538
Debt 722,534 722,534 713,343
Net Assets/Debt 2,384,333 2,384,333 2,217,195

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Confirmation statement made on 22 March 2026 with no updates
Register(s) moved to registered inspection location Techwax Limited Whinbank Road Aycliffe Business Park Newton Aycliffe County Durham DL5 6AY
Register inspection address has been changed from 2 New Bailey 6 Stanley Street Salford Greater Manchester M3 5GS United Kingdom to Techwax Limited Whinbank Road Aycliffe Business Park Newton Aycliffe County Durham DL5 6AY
Confirmation statement made on 22 March 2025 with no updates
Register(s) moved to registered inspection location 2 New Bailey 6 Stanley Street Salford Greater Manchester M3 5GS
Register inspection address has been changed from Techwax Limited Whinbank Road Aycliffe Business Park Newton Aycliffe County Durham DL5 6AY England to 2 New Bailey 6 Stanley Street Salford Greater Manchester M3 5GS
Confirmation statement made on 22 March 2024 with no updates
Amended full accounts made up to 30 September 2022
Confirmation statement made on 22 March 2023 with no updates
Director's details changed for Mr Kevin Higgins on 20 April 2023
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 22 March 2022 with no updates
Director's details changed for Dingeman Van Der Heiden on 2 December 2021
Appointment of Dingeman Van Der Heiden as a secretary on 4 April 2022
Termination of appointment of David Ian Lawson as a secretary on 28 March 2022
Appointment of Dingeman Van Der Heiden as a director on 2 December 2021
Termination of appointment of Federica Bertola as a director on 2 December 2021
Confirmation statement made on 22 March 2021 with no updates
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