Ngl (South Charlton) Ltd
14555543
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 23/11/2025
Due 07/12/2026
Industry
Officers
director · Since 25/10/2023
DIRECTOR
BRITISH · ENGLAND · Age 81
Also on 6 other boards
director · Since 03/10/2024
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 70
Also on 13 other boards
Persons with Significant Control
Vb Turnbull Limited
Dere Street House Bowburn North Industrial Estate, Bowburn, Durham, DH6 5PF
Reg: 07695623 · Companies House · Private Limited Company
Notified 31/10/2023
Former PSCs
Northumberland Group Ltd
Ceased 31/10/2023
Charges1 outstanding
VB TURNBULL LIMITED
CompanyRankvs 82725+ SIC 41100 peers9
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
xercise judgement in applying the Company 's accounting policies . The company's functional and presentational currency is Sterling. The following principal accounting policies have been applied: 2.2 Going concern The company has net current liabilities due to amounts owed to group companies and other related parties, which will not require repayment if this would jeopardise the company's ability
Key FinancialsYear ending 31/12/2024
Net Worth
-£19k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£19k
Working capital
Current Assets
£2.6M
Current Liabilities
£2.6M
Debtors
£30k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.99 | -£13k |
| 2023 | 0.99 | — |
Derived from filed accounts. Not audited figures.