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Stitch & Turn Uk Ltd

09747129

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD MILL, CREWKERNE, TA18 8RB
Incorporated 25/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Miss Carol Julie Legg

secretary · Since 25/08/2015

Also on 1 other board

Miss Carol Julie Legg

director · Since 25/08/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Alan Mark Seddon

director · Since 25/08/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 9 other boards

Persons with Significant Control

Miss Carol Julie Legg

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 60

The Old Mill, Greenham, Crewkerne, TA18 8RB

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 19/10/2015Registered 05/11/2015

CompanyRankvs 744+ SIC 13990 peers
36

Financial strength4th percentile among SIC peers · 1/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity11 years trading (max 15) · 11/15
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.

Employees13/15 pts

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

Liquidity6/20 pts

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

Longevity11/15 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 31/08/2024

Net Worth

-£101k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£101k

Working capital

Current Assets

£128k

Current Liabilities

£229k

Fixed Assets

£355

10avg. employees

Balance Sheet

Assets less current liabilities-£101k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.56-£45k
20230.66-£50k
20220.90
20210.87
20201.01+£32k
20190.41+£42k
20180.12

Derived from filed accounts. Not audited figures.