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Turbotech Precision Products Limited

02094056

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 6 ATLANTIC STREET, ALTRINCHAM, WA14 5DF
Incorporated 28/01/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Craig Young

director · Since 01/10/2009

WORKS DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Daniel Phillip Haigh

director · Since 14/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Mr Andrew Stuart Buxton

director · Since 18/08/2025

ACCOUNTANT

BRITISH · WALES · Age 56

Also on 3 other boards

Persons with Significant Control

Tpp Compressors Limited

75–100% shares

Unit 6a, Atlantic Street, Altrincham, WA14 5DF

Reg: 07275437 · England And Wales Companies Registry · Private Company Limited By Shares

Notified 14/12/2018

Former PSCs

Tpp Compressors Limited

Ceased 14/12/2018

Charges3 outstanding

Charge
outstanding

PRAETURA COMMERCIAL FINANCE LIMITED

Created 20/12/2023Registered 21/12/2023
Charge
outstanding

PRAETURA COMMERCIAL FINANCE LIMITED

Created 13/11/2019Registered 13/11/2019
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 14/12/2018Registered 21/12/2018
Charge
satisfied

LLOYDS BANK PLC

Created 14/12/2018Registered 21/12/2018Satisfied 25/01/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/07/1990Registered 06/07/1990Satisfied 05/11/2018

CompanyRankvs 101+ SIC 25990 peers
69

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.13× · 20/20
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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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.

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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company ’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/03/2025

Turnover

£3.8M

Annual revenue

Net Worth

£5.2M

Balance sheet strength

Cash

£72k

Cash in the bank

Profit Before Tax

£466k

Bottom line earnings

Net Current Assets

£4.9M

Working capital

Current Assets

£6.5M

Current Liabilities

£1.6M

Fixed Assets

£772k

Debtors

£6.2M

Cost of Sales

£2.4M

Gross Profit

£1.4M

Admin Expenses

£818k

Operating Profit

£570k

Profit After Tax

£484k

36avg. employees

Balance Sheet

Bank loans & overdrafts£59k
Assets less current liabilities£5.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20254.13+£0
20254.13

Derived from filed accounts. Not audited figures.