The Turners Workshop Limited
09951169
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 11/01/2026
Due 25/01/2027
Industry
Officers
director · Since 14/01/2016
BUSINESSMAN
BRITISH · UNITED KINGDOM · Age 55
Also on 3 other boards
Persons with Significant Control
Mr Vincent Coates
British · United Kingdom · Age 55
33 Bellingham Drive, North Tyne Industrial Estate, Newcastle Upon Tyne, NE12 9SZ
Notified 06/04/2016
Change History
Active
Private Limited Company
33 BELLINGHAM DRIVE
NEWCASTLE UPON TYNE
CompanyRankvs 55526+ SIC 47910 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
-£98k
Balance sheet strength
Cash
£671
Cash in the bank
Net Current Assets
-£94k
Working capital
Current Assets
£317k
Current Liabilities
£411k
Fixed Assets
£3k
Debtors
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.77 | -£20k |
| 2024 | 0.79 | -£12k |
| 2023 | 0.81 | -£3k |
| 2022 | 0.82 | -£10k |
| 2021 | 0.86 | -£7k |
| 2020 | 0.78 | +£27k |
| 2019 | 0.61 | — |
Derived from filed accounts. Not audited figures.