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Turning Earth Ceramics Ltd

08297052

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

RAILWAY ARCHES 361 - 362, LONDON, E2 8BW
Incorporated 16/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

23410
Manufacture of ceramic household and ornamental articles
90030
Artistic creation

Officers

Ms Natalie Rosamund Kate Maughan

director · Since 16/11/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Persons with Significant Control

Ms Natalie Rosamund Kate Maughan

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

British · England · Age 43

Railway Arches 361 - 362, Whiston Road, London, E2 8BW

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 08/12/2020Registered 10/12/2020

CompanyRankvs 18+ SIC 23410 peers
64

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.8× · 16/20
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 strength24/25 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.

Liquidity16/20 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/12/2024

Net Worth

£146k

Balance sheet strength

Cash

£136k

Cash in the bank

Net Current Assets

£144k

Working capital

Current Assets

£325k

Current Liabilities

£181k

Fixed Assets

£143k

Debtors

£188k

30avg. employees-4

Balance Sheet

Intangible assets£31k
Assets less current liabilities£287k
Signed by Miss N Maughan,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.80-£16k
20231.69-£14k
20222.94-£15k
20212.20+£20k
20202.69+£46k
20191.39-£4k
20181.39

Derived from filed accounts. Not audited figures.