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Turnbull & Asser Limited

01066321

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

14 SOUTH STREET, W1K 1DF
Incorporated 16/08/1972

Compliance

Last accounts

25/01/2025

full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

14131
Manufacture of men's outerwear
46420
Wholesale of clothing and footwear
47710
Retail sale of clothing in specialised stores

Officers

James Allie Fayed

director · Since 07/06/2007

CHAIRMAN

BRITISH · ENGLAND · Age 47

Mr. Liam Fayed

director · Since 03/04/2017

DEPUTY CHAIRMAN

BRITISH · UNITED STATES · Age 38

Mr Jonathan Tarlton-Weatherall

director · Since 11/04/2021

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 50

Mrs Ilaria Riva-Niccolini

director · Since 02/07/2021

GLOBAL EXECUTIVE DIRECTOR

AMERICAN · UNITED STATES · Age 58

Charges0 outstanding

Charge
satisfied

AIB GROUP (UK) P.L.C.

Created 03/04/2014Registered 08/04/2014
Charge
satisfied

AIB GROUP (UK) P.L.C.

Created 03/04/2014Registered 08/04/2014
charge
satisfied

AIB GROUP (UK) PLC

Created 17/06/2008Registered 18/06/2008Satisfied 13/08/2011
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 30/01/2002Registered 05/02/2002Satisfied 30/08/2011

CompanyRankvs 105+ SIC 14131 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 2.2 in the financial statements , which indicates that the financial statements have been prepared on a going concern basis based on the Directors' expectations of future

Key FinancialsYear ending 29/01/2023

Turnover

£9.9M

Annual revenue

Net Worth

£7.3M

Balance sheet strength

Cash

£737k

Cash in the bank

Profit Before Tax

-£1.3M

Bottom line earnings

Net Current Assets

£4.2M

Working capital

Current Assets

£6.3M

Current Liabilities

£2.1M

Fixed Assets

£3.0M

Debtors

£1.2M

Cost of Sales

£3.9M

Gross Profit

£6.0M

Admin Expenses

£7.4M

Operating Profit

-£1.3M

Profit After Tax

-£1.3M

99avg. employees

People Costs

Wages & salaries£3.4M
NI contributions£330k

Balance Sheet

Assets less current liabilities£7.3M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20233.02

Derived from filed accounts. Not audited figures.