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Ray Turner Energy Limited

09112947

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BANK HOUSE, SPALDING, PE11 1TB
Incorporated 02/07/2014

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 07/02/2026

Due 21/02/2027

On track

Industry

35130
Distribution of electricity

Officers

Jonathon Henry Turner

director · Since 02/07/2014

MANAGER

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Persons with Significant Control

Mrs Patricia Anne Turner

25–50% shares
25–50% votes
Appoint directors
Significant control

British · United Kingdom · Age 81

3 Pullman Court, Spalding, PE11 1GT

Notified 06/04/2016

Jonathon Henry Turner

25–50% shares
25–50% votes
Appoint directors
Significant control

British · United Kingdom · Age 52

Wisteria House Home Farm, Main Road, Deeping St Nicholas, PE11 3EN

Notified 06/04/2016

The Executors Of Ray Turner

25–50% shares
25–50% votes

Barr Farm, Main Road, Spalding, PE11 3HA

Notified 16/09/2020

Former PSCs

Mr Ray Turner

Ceased 16/09/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/03/2017Registered 13/03/2017

CompanyRankvs 456+ SIC 35130 peers
31

Financial strength3th percentile among SIC peers · 1/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 pts

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

Liquidity2/20 pts

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

Longevity12/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

-£416k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£337k

Working capital

Current Assets

£202k

Current Liabilities

£540k

Fixed Assets

£828k

Debtors

£145k

2avg. employees

Tax at Year End(2023)

VAT£6k

Director Loans(2020)

Directors owe company£25

Balance Sheet

Assets less current liabilities£490k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.37-£100k
20240.57-£99k
20230.75+£30k£120k
20220.58-£47k
20210.81-£34k
20201.32-£54k
20191.55-£3k
20181.23

Derived from filed accounts. Not audited figures.