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Turnit Limited

06651633

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

C/O AG HOTELS GROUP, CAMELFORD HOUSE, VAUXHALL, LONDON, SE1 7TP
Incorporated 21/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68320
Management of real estate on a fee or contract basis

Officers

Mr Girish Kumar Grover

director · Since 21/07/2008

CONSULTANT

BRITISH · ENGLAND · Age 42

Also on 14 other boards

Mr. Sumit Chadha

secretary · Since 15/11/2021

Persons with Significant Control

Mr Girish Grover

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

British · United Kingdom · Age 42

C/O Ag Hotels Group, Camelford House, 3rd Floor, 87-90 Albert Embankment, Vauxhall, London, SE1 7TP

Notified 06/04/2016

Former PSCs

Mrs Deepti Grover

Ceased 01/07/2021

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 12/05/2020Registered 13/05/2020

CompanyRankvs 1458+ SIC 41100 peers
75

Financial strength98th percentile among SIC peers · 25/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1458Turnit Limited
85
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.

Employees10/15 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 31/07/2025

Net Worth

£3.3M

Balance sheet strength

Cash

£699k

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£5.7M

Current Liabilities

£2.5M

Fixed Assets

£71k

Debtors

£5.0M

2avg. employees

Tax at Year End

Corp tax£94k

Director Loans

Directors owe company£118k

Balance Sheet

Bank loans & overdrafts£19k
Signed by 06651633 2024-08-01 2025-07-31 06651633 2025-07-31 06651633 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableSharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.29+£76k
20242.54+£375k
20238.00+£2.3M
202211.06+£224k
20217.40+£16k
20202.18+£277k
20191.63+£17k
20182.33—

Derived from filed accounts. Not audited figures.