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Turbo Systems Engineering Limited

10693367

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

1 GILLET STREET, HULL, HU3 4JA
Incorporated 28/03/2017

Compliance

Last accounts

31/01/2025

small

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 18/04/2025

Due 02/05/2026

On track

Industry

28930
Manufacture of machinery for food, beverage and tobacco processing

Officers

Miss Carrie Pickerden

secretary · Since 28/03/2017

Mr Paul Andrew Wilson

director · Since 28/03/2017

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Mr Brendan Patrick Conlan

director · Since 22/07/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Miss Carrie Jayne Pickerden

director · Since 22/07/2025

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 42

Also on 5 other boards

Persons with Significant Control

Poluma Group Limited

75–100% shares
75–100% votes

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

Charge
outstanding

IGF BUSINESS CREDIT LIMITED

Created 22/05/2026Registered 26/05/2026

CompanyRankvs 214+ SIC 28930 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity9 years trading (max 15) · 9/15
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.

Employees14/15 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.

Longevity9/15 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 31/01/2025

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

50avg. employees-1

Balance Sheet

Intangible assets£96k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.57-£157k
20240.58

Derived from filed accounts. Not audited figures.