Turnitin Uk Ltd
07321841
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 16/12/2020
director · Since 17/06/2022
GENERAL COUNSEL AND SECRETARY
AMERICAN · UNITED STATES · Age 51
Also on 2 other boards
director · Since 13/12/2022
CHIEF FINANCE OFFICER
AMERICAN · UNITED STATES · Age 60
Also on 1 other board
Persons with Significant Control
Mr Victor Frederick Ganzi
American · United States · Age 79
1 World Trade Center, 43rd Fl., New York, 10007
Notified 30/04/2019
Mr Steven Oliver Newhouse
American · United States · Age 69
1 World Trade Center, 43rd Fl., New York, 10007
Notified 30/04/2019
Mr Michael Andrew Newhouse
American · United States · Age 66
1 World Trade Center, 43rd Fl., New York, 10007
Notified 30/04/2019
Mr Thomas Samuel Summer
American · United States · Age 72
1 World Trade Center, 43rd Fl., New York, 10007
Notified 30/04/2019
Mr Samuel Irving Newhouse, Iii
American · United States · Age 74
1 World Trade Center, 43rd Fl., New York, 10007
Notified 30/04/2019
Former PSCs
Turnitin, Llc
Ceased 22/07/2016
CompanyRankvs 8040+ SIC 82990 peers75
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£1.7M
Balance sheet strength
Cash
£2.8M
Cash in the bank
Profit Before Tax
£1.3M
Bottom line earnings
Net Current Assets
£2.0M
Working capital
Current Assets
£5.0M
Current Liabilities
£2.9M
Fixed Assets
£247k
Debtors
£2.1M
Admin Expenses
£19.2M
Profit After Tax
£945k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.69 | -£40.4M |
| 2020 | 3.17 | +£39.6M |
| 2019 | 2.35 | — |
Derived from filed accounts. Not audited figures.