Turnwood Limited
12371573
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/12/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 10 other boards
director · Since 19/12/2019
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 4 other boards
Persons with Significant Control
L3 Point Limited
Salisbury House, Station Road, Cambridge, CB1 2LA
Reg: 12330508 · England · Company
Notified 19/12/2019
CompanyRankvs 170330+ SIC 68100 peers30
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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
-£447k
Balance sheet strength
Cash
£39
Cash in the bank
Net Current Assets
-£447k
Working capital
Current Assets
£2.3M
Current Liabilities
£2.8M
Fixed Assets
£1
Debtors
£2.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.84 | -£62k |
| 2023 | 0.86 | -£142k |
| 2022 | 0.91 | -£206k |
| 2021 | 0.99 | -£169k |
| 2020 | 1.06 | — |
Derived from filed accounts. Not audited figures.