Turnparts Engineering Limited
06820397
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/07/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 5 other boards
Persons with Significant Control
Turnparts Holdings Ltd
2b, Telford Road, Wimborne, BH21 7QL
Notified 04/03/2025
Former PSCs
Mr Jason Jones
Ceased 04/03/2025
Charges1 outstanding
STATE SECURITIES PLC (STATE)
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 1384+ SIC 25990 peers66
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£2.5M
Balance sheet strength
Cash
£233k
Cash in the bank
Net Current Assets
£2.4M
Working capital
Current Assets
£2.9M
Current Liabilities
£419k
Fixed Assets
£10k
Debtors
£2.4M
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 6.83 | +£0 |
| 2025 | 6.83 | +£609k |
| 2024 | 4.09 | +£727k |
| 2023 | 3.55 | +£231k |
| 2022 | 3.47 | +£401k |
| 2021 | 2.54 | +£73k |
| 2020 | 2.05 | +£105k |
| 2019 | 2.76 | — |
Derived from filed accounts. Not audited figures.