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Turna Ltd

12902992

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

59 CENTRAL AVENUE, HAYES, UB3 2BW
Incorporated 24/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Ravinder Singh

director · Since 24/09/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 11 other boards

Persons with Significant Control

Mr Ravinder Singh

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

British · England · Age 48

59, Central Avenue, Hayes, UB3 2BW

Notified 24/09/2020

Charges3 outstanding

Charge
outstanding

PARATUS AMC LIMITED T/A FOUNDATION HOME LOANS

Created 23/09/2022Registered 23/09/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 10/02/2021Registered 17/02/2021
Charge
outstanding

PARATUS AMC LIMITED T/A FOUNDATION HOME LOANS

Created 22/01/2021Registered 23/01/2021

CompanyRankvs 81952+ SIC 68100 peers
35

Financial strength76th percentile among SIC peers · 19/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity6 years trading (max 15) · 6/15
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.

Employees3/15 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.

Longevity6/15 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 30/09/2024

Net Worth

£36k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£255k

Working capital

Current Assets

£24k

Current Liabilities

£279k

Fixed Assets

£1.6M

0avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09+£26k
20230.03+£5k
20220.04+£8k
20210.04

Derived from filed accounts. Not audited figures.