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Turbo Tool Hire Limited

13420023

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

WHITE HOUSE FARM, BILLINGHAM, TS22 5NB
Incorporated 25/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear
46690
Wholesale of other machinery and equipment
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Robert Owen Hutchinson

director · Since 25/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 13 other boards

Persons with Significant Control

Arrowcruit Holdings Limited

75–100% shares

White House Farm, Sandy Lane West, Billingham, TS22 5NB

Reg: 07452893 · England And Wales Companies Registry · Limited Company

Notified 01/01/2023

Former PSCs

Mr Robert Owen Hutchinson

Ceased 01/01/2023

CompanyRankvs 3694+ SIC 46420 peers
50

Financial strength40th percentile among SIC peers · 10/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees8/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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.

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

Key FinancialsYear ending 31/12/2023

Turnover

£13k

Annual revenue

Net Worth

£24

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

£24

Working capital

Current Assets

£32k

Current Liabilities

£32k

Debtors

£550

Cost of Sales

£7k

Gross Profit

£5k

Admin Expenses

£5k

Operating Profit

£57

Profit After Tax

£57

1avg. employees
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20231.00
20220.99
20220.91

Derived from filed accounts. Not audited figures.