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Tsi Turbo Service International Limited

08212918

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

190 COMMERCIAL ROAD, SOUTHAMPTON, SO40 3AA
Incorporated 13/09/2012

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/12/2025

Due 25/12/2026

On track

Industry

28110
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

Officers

Mr Duncan Mcculloch

director · Since 13/09/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Ms Sarah Kay

director · Since 24/01/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 4 other boards

Persons with Significant Control

Turbo Service International Holdings Ltd

75–100% shares

190, Commercial Road, Southampton, SO40 3AA

Reg: 8221789 · Registry Of England & Wales · Limited Company

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 17/08/2021Registered 20/08/2021
Charge
outstanding

HSBC UK BANK PLC

Created 14/06/2021Registered 25/06/2021
Charge
outstanding

TURBO SERVICE INTERNATIONAL HOLDINGS LIMITED

Created 29/09/2015Registered 20/10/2015
charge
outstanding

ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 29/11/2012Registered 07/12/2012

CompanyRankvs 33+ SIC 28110 peers
55

Financial strength77th percentile among SIC peers · 19/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

£19.0M

Annual revenue

Net Worth

£27k

Balance sheet strength

Cash

£280k

Cash in the bank

Profit Before Tax

£376k

Bottom line earnings

Net Current Assets

£10k

Working capital

Current Assets

£5.6M

Current Liabilities

£5.6M

Fixed Assets

£189k

Debtors

£2.6M

Cost of Sales

£12.0M

Gross Profit

£7.0M

Admin Expenses

£5.7M

Operating Profit

£538k

Profit After Tax

£208k

51avg. employees+15

Tax at Year End

Corp tax£188k
Dividends paid-£350k

People Costs

Wages & salaries£3.2M
NI contributions£384k

Balance Sheet

Bank loans & overdrafts£240k
Assets less current liabilities£199k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00-£149k
20231.06-£266k
20221.17

Derived from filed accounts. Not audited figures.