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Vb Turnbull Limited

07695623

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

DERE STREET HOUSE BOWBURN NORTH INDUSTRIAL ESTATE, DURHAM, DH6 5PF
Incorporated 06/07/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Donna Ann Rutherford

secretary · Since 16/08/2011

BRITISH

Mr Michael Francis Hogan

director · Since 16/08/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 58 other boards

Mr Alexander John Turnbull

director · Since 16/08/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 13 other boards

Mrs Marie Elizabeth Mcquaid

director · Since 02/08/2022

SALES DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 15 other boards

Mr Michael Christopher Hogan

director · Since 30/09/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 10 other boards

Mr Sean Francis Mcquaid Bsc (Hons)

director · Since 30/09/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 5 other boards

Persons with Significant Control

Vestbrown Limited

75–100% shares
75–100% votes
Appoint directors

Dere Street House, Bowburn North Industrial Estate, Durham, DH6 5PF

Reg: 01665249 · Companies House · Limited Company

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 05/11/2021Registered 11/11/2021
Charge
outstanding

HANDELSBANKEN PLC

Created 21/03/2019Registered 21/03/2019
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 25/07/2017Registered 31/07/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 25/07/2017Registered 31/07/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 25/07/2017Registered 31/07/2017

CompanyRankvs 1009+ SIC 41100 peers
68

Financial strength99th percentile among SIC peers · 25/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 8.84× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees13/15 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

Going concern doubt: -10 pts

Outstanding charges: -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 going co

Key FinancialsYear ending 31/12/2024

Turnover

£1.3M

Annual revenue

Net Worth

£10.1M

Balance sheet strength

Cash

£812k

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£9.8M

Working capital

Current Assets

£11.0M

Current Liabilities

£1.2M

Fixed Assets

£282k

Debtors

£9.2M

Cost of Sales

£532k

Gross Profit

£730k

Admin Expenses

£126k

Operating Profit

£604k

Profit After Tax

£1.8M

3avg. employees

Tax at Year End

Corp tax£110k
Dividends paid-£1.2M

People Costs

Wages & salaries£22k

Balance Sheet

Bank loans & overdrafts£744k
Assets less current liabilities£10.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20248.84+£324k
20214.04+£1.3M
20202.15+£1.0M
20191.57-£173k
20181.71

Derived from filed accounts. Not audited figures.