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Essex Turbochargers Limited

02092949

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2 HIGH STREET, ESSEX, CM0 8AA
Incorporated 26/01/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Michael Ireland

director · Since 30/09/1998

DIRECTOR

BRITISH · ENGLAND · Age 69

Mr Steven Ireland

director · Since 14/08/2019

TECHNICIAN

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Michael Ireland

75–100% shares
75–100% votes

British · England · Age 69

11 Wellands Close, Wickham Bishop, Witham, CM8 3NE

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 20/05/2011Registered 27/05/2011Satisfied 04/09/2025

CompanyRankvs 10171+ SIC 71129 peers
60

Financial strength41th percentile among SIC peers · 10/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

£1k

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£232k

Current Liabilities

£273k

Fixed Assets

£45k

Debtors

£7k

9avg. employees-1

Balance Sheet

Assets less current liabilities£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.85
20240.65
20230.63
20220.72
20210.57
20200.53
20190.54

Derived from filed accounts. Not audited figures.