Turbo Systems Engineering Limited
10693367
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/01/2025
small
Next accounts due
31/10/2026
Confirmation statement
Last: 18/04/2025
Due 02/05/2026
Industry
Officers
secretary · Since 28/03/2017
director · Since 28/03/2017
ENGINEER
BRITISH · ENGLAND · Age 64
Also on 1 other board
director · Since 22/07/2025
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 4 other boards
director · Since 22/07/2025
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 42
Also on 5 other boards
Persons with Significant Control
Poluma Group Limited
Allied Protek Building, Armstrong Street, Grimsby, DN31 1XD
Reg: 15808192 · England And Wales · Private Limited Company
Notified 01/02/2025
Former PSCs
Allied Protek Engineering Solutions Limited
Ceased 01/02/2025
Charges1 outstanding
IGF BUSINESS CREDIT LIMITED
CompanyRankvs 214+ SIC 28930 peers35
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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.
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 31/01/2025
Net Worth
-£706k
Balance sheet strength
Cash
£138k
Cash in the bank
Net Current Assets
-£921k
Working capital
Current Assets
£1.2M
Current Liabilities
£2.1M
Fixed Assets
£215k
Debtors
£467k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.57 | -£157k |
| 2024 | 0.58 | — |
Derived from filed accounts. Not audited figures.