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Turning Point Estates Ltd

12101281

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

27 POUNDGATE LANE, COVENTRY, CV4 8HJ
Incorporated 12/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Sundeep Singh Virk

director · Since 12/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mrs Amaninder Kaur

25–50% shares
25–50% votes

British · England · Age 45

27 Poundgate Lane, Coventry, CV4 8HJ

Notified 12/07/2019

Mr Sundeep Singh Virk

25–50% shares
25–50% votes

British · England · Age 46

27 Poundgate Lane, Coventry, CV4 8HJ

Notified 12/07/2019

Charges3 outstanding

Charge
outstanding

LENDINVEST BTL LIMITED

Created 05/08/2021Registered 06/08/2021
Charge
outstanding

PARAGON BANK PLC

Created 11/12/2020Registered 16/12/2020
Charge
outstanding

PARAGON BANK PLC

Created 08/10/2020Registered 14/10/2020

CompanyRankvs 109814+ SIC 68209 peers
42

Financial strength74th percentile among SIC peers · 19/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.03× · 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 strength19/25 pts

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

Employees9/15 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 31/07/2024

Net Worth

£62k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£116k

Working capital

Current Assets

£4k

Current Liabilities

£120k

Fixed Assets

£469k

1avg. employees

Balance Sheet

Assets less current liabilities£353k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03+£3k
20230.05+£799
20220.04+£61k
20210.04-£2k
20200.97—

Derived from filed accounts. Not audited figures.