Back to search

Turners Finance Ltd

12092943

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

C/O WRIGHT VIGAR 1 ENGINE HOUSE, GAINSBOROUGH, DN21 2NA
Incorporated 09/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Paul Turner

director · Since 09/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 44

Ms Hannah Rebecca Jeffery

director · Since 22/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Paul Turner

75–100% shares
75–100% votes

British · England · Age 44

1 Engine House, Marshalls Yard, Gainsborough, DN21 2NA

Notified 09/07/2019

CompanyRankvs 9338+ SIC 64999 peers
62

Financial strength70th percentile among SIC peers · 18/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength18/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/12/2024

Net Worth

£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£122k

Current Liabilities

£70k

Fixed Assets

£19

1avg. employees

Balance Sheet

Assets less current liabilities£52k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.75+£1k
20232.13

Derived from filed accounts. Not audited figures.