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Turner Violins Limited

04274015

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

1-5 LILY GROVE, NOTTINGHAM, NG9 1QL
Incorporated 21/08/2001

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 18/08/2025

Due 01/09/2026

On track

Industry

33190
Repair of other equipment
47591
Retail sale of musical instruments and scores
47791
Retail sale of antiques including antique books in stores

Officers

Mr Duncan John Turner

secretary · Since 21/08/2001

MUSICAL INSTRUMENT DEALER

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mr Duncan John Turner

director · Since 21/08/2001

MUSICAL INSTRUMENT DEALER

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mrs Elizabeth Mary Turner

director · Since 21/08/2001

MUSICAL INSTRUMENT DEALER

BRITISH · ENGLAND · Age 75

Persons with Significant Control

Mr Duncan John Turner

25–50% shares
25–50% votes
Appoint directors

British · England · Age 76

1-5 Lily Grove, Nottingham, NG9 1QL

Notified 30/06/2016

Mrs Elizabeth Mary Turner

25–50% shares
25–50% votes
Appoint directors

British · England · Age 75

1-5 Lily Grove, Nottingham, NG9 1QL

Notified 30/06/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 05/09/2005Registered 08/09/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/04/2002Registered 19/04/2002Satisfied 01/11/2008

CompanyRankvs 142+ SIC 33190 peers
77

Financial strength95th percentile among SIC peers · 24/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.95× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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142Turner Violins Limited
87
How is this score calculated?
Financial strength24/25 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.

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

Outstanding charges: -10 pts

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

£756k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£771k

Working capital

Current Assets

£1.0M

Current Liabilities

£262k

Fixed Assets

£11k

Debtors

£11k

6avg. employees

Tax at Year End

Corp tax£759

Balance Sheet

Assets less current liabilities£782k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.95-£25k
20234.60-£13k
20224.80-£37k
20217.15+£35k
20205.25+£3k
20194.23-£5k
20184.23—

Derived from filed accounts. Not audited figures.