TERNEX LIMITED

Company number 00498909 · Active

TERNEX LIMITED is a private limited company registered in HERTFORDSHIRE, United Kingdom, incorporated on 27 Aug 1951. Its registered activity is manufacture of office and shop furniture. Its latest published accounts for the period ending 31 Mar 2025 show equity of £316k, total assets of £860k. It has filed 5 sets of accounts, 2 of them after the deadline. Our model estimates a 16.05 % probability that it becomes insolvent within 12 months, more than 100 times the average for active companies (very high risk).

Insolvency risk, next 12 months

16.05 %
Very high risk
Lowest riskHighest risk

Higher than 100 % of active companies in the United Kingdom. more than 100× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Industry4.3×31 · 0.50 % became insolvent
Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent

Lowers the risk

Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
00498909 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
27 Aug 1951 (75 years)
Registered address
AL6 9BA HERTFORDSHIRE
Postcode area
St Albans
Activity
31010 Manufacture of office and shop furniture
Industry
Manufacture of furniture
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Feb 2026– –£316k£860k £449k£68k23
31 Mar 202415 Sep 2024– –£282k£667k £336k£128k20
31 Mar 202215 Feb 2023– –£229k£626k £292k£141k19
31 Mar 202115 Dec 2021– –£99k£506k £221k£61k18
31 Mar 202015 Dec 2020– –£50k£468k £292k£35819

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in St Albans

Questions about TERNEX LIMITED

What is the company number of TERNEX LIMITED?

TERNEX LIMITED is registered under company number 00498909 in the official register of United Kingdom. View it at the official register.

Is TERNEX LIMITED still active?

Yes. TERNEX LIMITED is registered as active (status: Active).

Has TERNEX LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for TERNEX LIMITED in the official data.

How likely is TERNEX LIMITED to become insolvent?

Our model estimates a 16.05 % probability that TERNEX LIMITED becomes insolvent within the next 12 months (very high risk). That is higher than 100 % of active companies in the United Kingdom.

When was TERNEX LIMITED founded?

TERNEX LIMITED was incorporated on 27 Aug 1951.

Where is TERNEX LIMITED registered?

TERNEX LIMITED's registered address is in AL6 9BA HERTFORDSHIRE (St Albans), United Kingdom.

What do the latest accounts of TERNEX LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £316k, total assets of £860k, 23 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.