Turn It On Limited
04995157
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/12/2003
IT CONSULTANT
BRITISH · ENGLAND · Age 51
Also on 14 other boards
director · Since 16/11/2022
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 5 other boards
Persons with Significant Control
Education Technology Services Bidco Limited
100, Wigmore Street, London, W1U 3RN
Reg: 15028332 · Companies House · Private Limited Company
Notified 11/08/2023
Former PSCs
Mrs Emma Louise Welch
Ceased 11/08/2023
Mr Thomas Richard Welch
Ceased 11/08/2023
Charges2 outstanding
SANTANDER UK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES
BARCLAYS SECURITY TRUSTEE LIMITED
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 284640+ SIC 62020 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/03/2025
Turnover
£18.1M
Annual revenue
Net Worth
£6.1M
Balance sheet strength
Cash
£2.4M
Cash in the bank
Profit Before Tax
£665k
Bottom line earnings
Net Current Assets
-£1.1M
Working capital
Current Assets
£5.9M
Current Liabilities
£7.0M
Fixed Assets
£7.4M
Debtors
£3.2M
Cost of Sales
£16.1M
Gross Profit
£2.1M
Admin Expenses
£2.6M
Operating Profit
£650k
Profit After Tax
£574k
Tax at Year End
Director Loans(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.84 | +£1.5M |
| 2023 | 1.30 | +£1.7M |
| 2022 | 2.27 | +£730k |
| 2021 | 1.60 | +£643k |
| 2020 | 1.54 | — |
Derived from filed accounts. Not audited figures.