The Firmwatch take
Thameswey Housing Limited is a 21-year-old construction main contractors, active on the Companies House register. The latest filed accounts (year to 31 March 2024) show -GBP 133m in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 25 May 2026
Incorporated
27 April 2005
21 years on the register
Sector
Development of building projects
SIC 41100
Size
Not classified
Net assets
−£133m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
75/100
high risk
Estimated public-data value
-£133,401,139 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Construction Main Contractors
Sample: 86,521 companies
Negative net assets: 20.0%
- Net assets vs sector median
- -£133,402,505
- Working capital vs sector median
- -£28,581,530
- Sector median current ratio
- 1.12
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Accounts are ageing
The latest extracted accounts period is more than 21 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 10% in sector · Sector medians shown for 86,521 filers in this sector (2024).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£60,258,731
Current liabilities
Amounts due within one year (short-term creditors).
£88,835,776
Working capital
Current assets minus current liabilities.
-£28,577,045
Median £4k
Fixed assets
Long-term tangible and intangible assets.
£383,992,572
Total assets less current liabilities
Fixed assets plus working capital.
£355,415,527
Net assets
What's left after liabilities are deducted from assets.
-£133,401,139
Median £1k
Equity (capital & reserves)
Shareholder funds.
-£157,891,139
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
0.7×
Median 1.1×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.