Turnbulls Marine Limited
07229499
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 20/04/2026
Due 04/05/2027
Industry
Officers
director · Since 01/11/2016
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 9 other boards
Former
director · Resigned 28/05/2019
Persons with Significant Control
Mr Ian Glen Garton
British · England · Age 65
C/O Morgan Accountants Ltd, Unit 2, Duke St Court, Kingsbridge, TQ7 1HX
Notified 06/04/2016
Charges1 outstanding
LLOYDS BANK PLC
Change History
Active
Private Limited Company
C/O MORGAN ACCOUNTANTS LTD UNIT 2, DUKE ST COURT
KINGSBRIDGE
CompanyRankvs 36963+ SIC 96090 peers47
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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 31/03/2026
Net Worth
-£35k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£55k
Working capital
Current Assets
£389k
Current Liabilities
£334k
Fixed Assets
£221
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 1.16 | +£205k |
| 2025 | 0.60 | -£118k |
| 2024 | 0.98 | +£9k |
| 2023 | 0.88 | — |
Derived from filed accounts. Not audited figures.