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Cornerstone Group (Turn) Ltd

09979835

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 3, MILTON END, GLOUCESTER, GL2 7JH
Incorporated 01/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Darrel Patrick Turner

director · Since 01/02/2016

CONSULTATION

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Persons with Significant Control

Mr Darrel Patrick Turner

75–100% shares

British · England · Age 45

Unit 3, Milton End, Arlingham, Gloucester, GL2 7JH

Notified 06/04/2016

CompanyRankvs 37791+ SIC 64209 peers
27

Financial strength4th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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37791Cornerstone Group (Turn) Ltd
37
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.

Employees9/15 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.

Longevity10/15 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

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

Going Concern Doubt

that as disclosed in the accounting policies certain items are shown at fair value. The presentational currency of these financial statements is pound sterling, rounded to the nearest whole number. Going concern The directors have assessed the company's ability to continue as a going concern, considering all available information about the future for a period of at least 12 months from the date

Key FinancialsYear ending 29/03/2025

Net Worth

-£40k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£159k

Working capital

Current Assets

£11k

Current Liabilities

£170k

Fixed Assets

£119k

Debtors

£2k

1avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£0
20250.06-£29k
20240.13—
20230.07—

Derived from filed accounts. Not audited figures.