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Reco Turbo Limited

07176699

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

UNIT 1 RTL INDUSTRIAL ESTATE, DONCASTER, DN5 8PT
Incorporated 03/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles
45310
Wholesale trade of motor vehicle parts and accessories
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Omar Farouk Mahomed

director · Since 03/03/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr Omar Farouk Mahomed

75–100% shares

British · England · Age 42

Unit 1 Rtl Industrial Estate, Brunel Road, Doncaster, DN5 8PT

Notified 03/03/2017

Charges3 outstanding

Charge
outstanding

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Created 07/12/2021Registered 07/12/2021
Charge
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LLOYDS BANK PLC

Created 28/10/2015Registered 28/10/2015Satisfied 13/08/2021
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 20/10/2015Registered 28/10/2015Satisfied 13/08/2021

CompanyRankvs 161+ SIC 29320 peers
71

Financial strength98th percentile among SIC peers · 25/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees6/15 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 31/03/2025

Net Worth

£3.9M

Balance sheet strength

Cash

£863k

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£5.2M

Current Liabilities

£2.0M

Fixed Assets

£1.2M

Debtors

£1.4M

1avg. employees-52

Balance Sheet

Assets less current liabilities£4.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.60+£651k
20242.62+£1.4M
20232.68+£427k
20222.69+£633k
20212.88+£197k
20202.48+£174k
20192.90

Derived from filed accounts. Not audited figures.