Turner Festival Catering Ltd
12348499
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Francis Turner
English · England · Age 33
Chadwick & Co, Manchester Road, Manchester, M43 6PW
Notified 04/12/2019
CompanyRankvs 16451+ SIC 56103 peers51
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£3k
Balance sheet strength
Cash
£309
Cash in the bank
Net Current Assets
£25k
Working capital
Current Assets
£31k
Current Liabilities
£6k
Debtors
£31k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.88 | -£1k |
| 2023 | 4.72 | -£3k |
| 2022 | 5.14 | — |
| 2021 | 5.11 | — |
| 2020 | 15.00 | — |
Derived from filed accounts. Not audited figures.