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Turf Business Ltd

12088884

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

Details

12088884 - COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH
Incorporated 06/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58142
Publishing of consumer and business journals and periodicals

Officers

Mr Martin John Lyle Smart

director · Since 06/07/2019

PUBLISHER

BRITISH · UNITED KINGDOM · Age 59

Also on 6 other boards

Persons with Significant Control

Mr Martin John Lyle Smart

75–100% shares

British · United Kingdom · Age 59

20-22, Wenlock Road, London, N1 7GU

Notified 06/07/2019

CompanyRankvs 1868+ SIC 58142 peers
41

Financial strength9th percentile among SIC peers · 2/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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.

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.

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

Key FinancialsYear ending 31/07/2021

Net Worth

-£38k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£127k

Current Liabilities

£138k

Fixed Assets

£9k

3avg. employees+3

Balance Sheet

Assets less current liabilities£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20210.92-£55k
20201.14

Derived from filed accounts. Not audited figures.