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Turnkey Instruments Limited

02178981

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

J C BARTON & CO, MART LANE BURSCOUGH, L40 0SD
Incorporated 15/10/1987

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation
74909
Other professional, scientific and technical activities

Officers

Dr Michael John Leck

director · Since 30/04/1991

SCIENTIST

BRITISH · UNITED KINGDOM · Age 75

Also on 37 other boards

Mr Alan Taylor

director · Since 30/04/1991

DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 9 other boards

Dr Michael John Leck

secretary · Since 01/02/1999

SCIENTIST

BRITISH · UNITED KINGDOM · Age 75

Also on 37 other boards

Persons with Significant Control

Dr Michael John Leck

Significant control

British · England · Age 75

J C Barton & Co, Mart Lane Burscough, L40 0SD

Notified 01/05/2016

Mr Alan Taylor

25–50% shares
25–50% votes

British · England · Age 82

J C Barton & Co, Mart Lane Burscough, L40 0SD

Notified 13/05/2023

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/11/1994Registered 10/11/1994

CompanyRankvs 228+ SIC 26511 peers
69

Financial strength81th percentile among SIC peers · 20/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.84× · 16/20
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 strength20/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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 30/04/2025

Net Worth

£779k

Balance sheet strength

Cash

£836k

Cash in the bank

Net Current Assets

£647k

Working capital

Current Assets

£1.4M

Current Liabilities

£768k

Fixed Assets

£169k

Debtors

£390k

20avg. employees-6

Balance Sheet

Assets less current liabilities£816k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
20251.84-£7k
20241.64-£225k
20231.85

Derived from filed accounts. Not audited figures.