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Turnkey Instruments Limited

02178981

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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 232+ SIC 26511 peers
69

Financial strength81th percentile among SIC peers · 20/25
Employees87th 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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232Turnkey Instruments Limited
75
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

Tax at Year End(2022)

Corp tax£18k

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+£3k
20221.83+£52k
20211.85+£119k
20201.81+£7k
20191.59—

Derived from filed accounts. Not audited figures.