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Altinok Construction Ltd

11861594

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

68 BRIDGE STREET, NEWPORT, NP20 4AQ
Incorporated 05/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings
46341
46341

Officers

Mr Kasim Altinok

director · Since 05/03/2019

MANAGING DIRECTOR

TURKISH · ENGLAND · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Kasim Altinok

75–100% shares

Turkish · England · Age 50

1, Anchorage Court, Bridgwater, TA7 8FA

Notified 05/03/2019

Charges2 outstanding

Charge
outstanding

STONE TRADING LIMITED T/A BRAEHEAD FUNDING

Created 02/08/2022Registered 09/08/2022
Charge
outstanding

STONE TRADING LIMITED T/A BRAEHEAD FUNDING

Created 02/08/2022Registered 09/08/2022
Charge
satisfied

RICHARD JOHN JENNINGS · PHILIP CHARLES JENNINGS · ROBERT WINSTON JENNINGS

Created 20/11/2020Registered 26/11/2020Satisfied 28/02/2022

CompanyRankvs 26738+ SIC 41201 peers
16

Financial strength1th percentile among SIC peers · 0/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio -1.24× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees2/15 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.

Longevity7/15 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 28/02/2024

Net Worth

-£320k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

-£28k

Current Liabilities

£23k

Debtors

-£41k

-6avg. employees
Prepared with v2025.12.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
2024-1.24-£80k
2023-0.49

Derived from filed accounts. Not audited figures.