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Turbostyle Coaches Limited

01897769

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

2 COMMUNICATIONS ROAD, NEWBURY, RG19 6AB
Incorporated 21/03/1985

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

49390
Other passenger land transport

Officers

Mr Thomas Findlay Stables

director · Since 07/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 38 other boards

Mr John Stewart Fraser

director · Since 25/04/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 9 other boards

Mrs Lynette Gillian Krige

director · Since 12/09/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 25 other boards

Persons with Significant Control

The Ready Group Ltd

75–100% shares
75–100% votes
Appoint directors

2 Communications Road, Greenham Business Park, Newbury, RG19 6AB

Reg: 07609005 · England · Ltd

Notified 01/06/2021

Former PSCs

Mrs Katrina Samantha Knight James

Ceased 16/04/2021

Mrs Lucia James

Ceased 01/06/2021

Mr Philip Spencer James

Ceased 01/06/2021

Charges6 outstanding

Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE

Created 18/12/2024Registered 23/12/2024
Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE

Created 18/12/2024Registered 23/12/2024
Charge
outstanding

INVESTEC BANK PLC (AS SECURITY TRUSTEE)

Created 30/07/2024Registered 05/08/2024
Charge
outstanding

INVESTEC BANK PLC

Created 07/06/2024Registered 12/06/2024
Charge
outstanding

KIERAN BRIAN SWINDELLS

Created 07/06/2024Registered 12/06/2024
Charge
outstanding

INVESTEC BANK PLC

Created 07/06/2024Registered 12/06/2024
charge
satisfied

HARBOUR HOLDINGS LIMITED

Created 28/03/2007Registered 30/03/2007Satisfied 07/06/2024

CompanyRankvs 74+ SIC 49390 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.81× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2023

Net Worth

£1.4M

Balance sheet strength

Cash

£167k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£422k

Fixed Assets

£1.3M

Debtors

£1.4M

22avg. employees

Balance Sheet

Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20233.81

Derived from filed accounts. Not audited figures.