Back to search

Turtle Networks Limited

03823610

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 8, INNOVATION STUDIOS, LONDON, E2 8HS
Incorporated 11/08/1999

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 11/08/2025

Due 25/08/2026

On track

Industry

62012
Business and domestic software development
63110
Data processing, hosting and related activities

Officers

Vishnu Prasad Joshi

secretary · Since 11/08/1999

BRITISH · Age 80

Mr Tushar Vishnu Joshi

director · Since 11/08/1999

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Tushar Vishnu Joshi

Significant control

British · England · Age 49

Flat 2a, Holland Court, Langley Drive, London, W3 8SD

Notified 01/08/2016

Charges0 outstanding

charge
satisfied

NORTRUST NOMINEES LIMITED

Created 07/02/2006Registered 09/02/2006Satisfied 29/05/2018
charge
satisfied

NORTRUST NOMINEES LIMITED

Created 19/09/2001Registered 20/09/2001Satisfied 29/05/2018

CompanyRankvs 13962+ SIC 62012 peers
64

Financial strength85th percentile among SIC peers · 21/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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 31/08/2024

Net Worth

£89k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

-£249k

Working capital

Current Assets

£122k

Current Liabilities

£371k

Fixed Assets

£342k

Debtors

£65k

2avg. employees

Tax at Year End

Corp tax£20k

Director Loans

Company owes directors£295k

Balance Sheet

Assets less current liabilities£93k
Signed by Mr Tushar Joshi 31st August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33-£7k
20230.40+£13k
20220.36+£7k
20210.33+£4k
20200.39+£33k
20190.20+£3k
20180.20

Derived from filed accounts. Not audited figures.