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Turn It On Limited

04995157

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

Unit 1f Network Point, Range Road, Witney, OX29 0YN
Incorporated 15/12/2003

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/02/2026

Due 06/03/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Thomas Richard Welch

director · Since 15/12/2003

IT CONSULTANT

BRITISH · ENGLAND · Age 51

Also on 14 other boards

Mrs Sally Bannister

director · Since 01/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Thomas Lee Watson

director · Since 01/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Mr Christopher Wild

director · Since 01/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Francis Steven Bradley Hutton

director · Since 16/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 5 other boards

Thomas Richard Welch

director · Since 15/12/2003

British · England · Age 51

Thomas Lee Watson

director · Since 01/04/2022

British · England · Age 39

Sally Bannister

director · Since 01/04/2022

British · England · Age 53

Christopher Wild

director · Since 01/04/2022

British · England · Age 53

Francis Steven Bradley Hutton

director · Since 16/11/2022

British · England · Age 51

Former

Oxford Formations Limited

corporate director · Resigned 15/12/2003

The Oxford Secretariat Limited

corporate secretary · Resigned 15/12/2003

Richard Patrick Welch

secretary · Resigned 31/01/2013

Emma Welch

secretary · Resigned 03/09/2024

Benjamin Paul Dunn

director · Resigned 28/02/2025

Persons with Significant Control

Education Technology Services Bidco Limited

75–100% shares
75–100% votes
Appoint directors

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

Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 02/07/2024Registered 03/07/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/12/2021Registered 15/12/2021
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 01/10/2020Registered 05/10/2020Satisfied 04/08/2023

Change History

statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line1Unit 1f Network Point
2026-07-27

UNIT 1F NETWORK POINT

post townWitney
2026-07-27

WITNEY

officer appointedBANNISTER, Sally
2026-07-27
officer appointedHUTTON, Francis Steven Bradley
2026-07-27
officer appointedWATSON, Thomas Lee
2026-07-27
officer appointedWELCH, Thomas Richard
2026-07-27
officer appointedWILD, Christopher
2026-07-27

CompanyRankvs 15699+ SIC 62020 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

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

240avg. employees-3

Tax at Year End

Corp tax-£35k
Dividends paid-£1.8M

Director Loans(2023)

Company owes directors£176k
Directors owe company£7k

People Costs

Wages & salaries£7.9M
NI contributions£716k

Balance Sheet

Intangible assets£365k
Assets less current liabilities£6.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.84+£1.5M
20231.30

Derived from filed accounts. Not audited figures.