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Turkuaz Limited

07103684

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

GROVE HOUSE 774-780 WILMSLOW ROAD, MANCHESTER, M20 2DR
Incorporated 14/12/2009

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 22/03/2026

Due 05/04/2027

On track

Industry

56101
Licensed restaurants

Officers

Mr Nurettin Karakulak

director · Since 12/03/2014

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Persons with Significant Control

Mr Nurettin Karakulak

25–50% shares

British · England · Age 62

Grove House, 774-780 Wilmslow Road, Manchester, M20 2DR

Notified 01/10/2016

CompanyRankvs 18907+ SIC 56101 peers
45

Financial strength19th percentile among SIC peers · 5/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees4/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£19k

Current Liabilities

£37k

1avg. employees

Balance Sheet

Assets less current liabilities-£18k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.51-£3k
20240.84-£53k
20232.37-£3k
20222.21+£34k
20211.62
20200.68
20190.65

Derived from filed accounts. Not audited figures.