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Mike Turner Groundworks Limited

09940463

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

4TH FLOOR ASPECT HOUSE, BRIGHTON, BN1 3XE
Incorporated 07/01/2016

Compliance

Last accounts

31/12/2023

micro entity

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 06/01/2024

Due 20/01/2025

Overdue

Industry

41100
Development of building projects

Officers

Mr Michael Brian Smith

director · Since 07/01/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Neale Keith Turner

director · Since 07/01/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Mr Michael Brian Smith

25–50% shares
25–50% votes

British · England · Age 52

64, Wolfs Wood, Oxted, RH8 0HJ

Notified 06/04/2016

Neale Keith Turner

25–50% shares
25–50% votes

British · United Kingdom · Age 45

59, Maypole Road, East Grinstead, RH19 3RB

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation09/09/2024

Alexander Kinninmonth (practitioner) · Philip Harris (practitioner)

CompanyRankvs 15+ SIC 41100 peers
28

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

£193

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£30k

Current Liabilities

£22k

Fixed Assets

£24k

2avg. employees

Balance Sheet

Assets less current liabilities£32k
Prepared with BTCSoftware AP Solution 2023 10.4.03

EstimatesDerived

YearCurrent Ratio
20231.39

Derived from filed accounts. Not audited figures.