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Turquoise Bar Limited

12239500

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

8A KINGSWAY HOUSE, BEDWORTH, CV12 8HY
Incorporated 02/10/2019

Compliance

Last accounts

31/10/2023

total exemption full

Next accounts due

31/07/2025

Overdue

Confirmation statement

Last: 01/10/2023

Due 15/10/2024

Overdue

Industry

56101
Licensed restaurants

Officers

Mr Ergin Akkus

director · Since 02/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND

Also on 2 other boards

Persons with Significant Control

Mr Ergin Akkus

75–100% shares
75–100% votes
Appoint directors

British · England

Notified 02/10/2019

Insolvency History1 case

creditors voluntary liquidation09/12/2024

Neil Richard Gibson (practitioner)

CompanyRankvs 15+ SIC 56101 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.23× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Employees0/15 pts

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

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/10/2023

Net Worth

£145k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£46k

Working capital

Current Assets

£66k

Current Liabilities

£21k

Fixed Assets

£90k

Debtors

£12k

11avg. employees

Balance Sheet

Assets less current liabilities£136k
Signed by Mr Ergin AKKUS 15/07/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20233.23

Derived from filed accounts. Not audited figures.