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Truturn Precision Engineering (Charfield) Limited

02018085

active
Private Limited Company
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)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

UNIT 12 SPRING MILL INDUSTRIAL ESTATE, NAILSWORTH, GL6 0BS
Incorporated 09/05/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mrs Patricia Rosemary Anne Johnstrup

director · Since 18/10/1993

CHAIRMAN

BRITISH · ENGLAND · Age 63

Also on 1 other board

Rebecca Beacham

secretary · Since 01/11/2020

Persons with Significant Control

Mrs Patricia Rosemary Anne Johnstrup

75–100% shares

British · England · Age 63

Unit 12 Spring Mill Industrial Estate, Avening Road, Nailsworth, GL6 0BS

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/05/2013Registered 30/05/2013
charge
outstanding

BARCLAYS BANK PLC

Created 09/11/2005Registered 18/11/2005
charge
outstanding

BARCLAYS BANK PLC

Created 23/11/1999Registered 01/12/1999
charge
outstanding

BARCLAYS BANK PLC

Created 21/09/1998Registered 09/10/1998
charge
outstanding

BARCLAYS BANK PLC

Created 29/07/1998Registered 06/08/1998
charge
outstanding

BARCLAYS BANK PLC

Created 21/07/1998Registered 04/08/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/04/1998Registered 14/04/1998Satisfied 30/06/1999
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/06/1994Registered 07/07/1994Satisfied 03/01/2002
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/06/1994Registered 07/07/1994Satisfied 29/04/1999
charge
satisfied

MR. JACK EVANS

Created 17/02/1992Registered 21/02/1992Satisfied 02/09/1995
charge
satisfied

EAGLE STAR LIFE ASSURANCE COMPANY LIMITED

Created 28/11/1991Registered 12/12/1991Satisfied 02/09/1995
charge
satisfied

BARCLAYS BANK PLC

Created 05/05/1989Registered 12/05/1989Satisfied 02/09/1995
charge
satisfied

BARCLAYS BANK PLC

Created 08/05/1989Registered 12/05/1989Satisfied 02/09/1995
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/06/1987Registered 07/07/1987

CompanyRankvs 469+ SIC 25620 peers
56

Financial strength78th percentile among SIC peers · 20/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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469Truturn Precision Engineering (Charfield) Limited
76
How is this score calculated?
Financial strength20/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis. Going concern The director has considered the risks and issues concerning the company and it's activities and no uncertainties that may cast significant doubt about the company's ability of the company

Key FinancialsYear ending 30/09/2024

Net Worth

£631k

Balance sheet strength

Cash

£110k

Cash in the bank

Net Current Assets

£143k

Working capital

Current Assets

£946k

Current Liabilities

£802k

Fixed Assets

£603k

Debtors

£626k

28avg. employees+2

Tax at Year End

Corp tax£47k

Balance Sheet

Assets less current liabilities£747k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.18+£9k
20231.25-£166k
20221.47+£231k
20211.11—

Derived from filed accounts. Not audited figures.