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Newturn Developments Limited

12956609

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 4 CITY LIMITS, READING, RG6 4UP
Incorporated 16/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Darren Peter Newby

director · Since 16/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Mr Stuart James Turnbull

director · Since 16/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 5 other boards

Persons with Significant Control

Mr Darren Peter Newby

25–50% shares
25–50% votes

British · England · Age 47

Unit 4 City Limits, Danehill, Reading, RG6 4UP

Notified 13/10/2025

Mr Stuart James Turnbull

25–50% shares
25–50% votes

British · England · Age 45

Unit 4 City Limits, Danehill, Reading, RG6 4UP

Notified 13/10/2025

Former PSCs

Provide Sess Limited

Ceased 17/10/2020

Newby Group Ltd

Ceased 13/10/2025

Watermans Group Limited

Ceased 13/10/2025

Charges3 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED

Created 10/08/2023Registered 11/08/2023
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 10/08/2023Registered 11/08/2023
Charge
outstanding

CAPINVEST (SECURITIES) LIMITED

Created 18/03/2022Registered 29/03/2022

CompanyRankvs 47625+ SIC 68100 peers
45

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.14× · 20/20
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 strength0/25 pts

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

Employees14/15 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.

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 31/10/2024

Net Worth

-£413k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£4.6M

Current Liabilities

£742k

Fixed Assets

£48k

3avg. employees

Director Loans(2021)

Company owes directors£4k

Balance Sheet

Assets less current liabilities£3.9M

EstimatesDerived

YearCurrent RatioImplied Profit
20246.14-£458k
202310.02+£128k
20221.55-£81k
202160.80

Derived from filed accounts. Not audited figures.