Back to search

Turbo Rc Group Ltd

14739328

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 17/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Magyar-Hunor Tamas

director · Since 17/03/2023

DIRECTOR

ROMANIAN · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Magyar-Hunor Tamas

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

Romanian · United Kingdom · Age 37

20-22, Wenlock Road, London, N1 7GU

Notified 17/03/2023

CompanyRankvs 76345+ SIC 47910 peers
20

Financial strength6th percentile among SIC peers · 2/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1E.Russum & Sons,Limited
90
2A.Oppenheimer & Co. Limited
90
3West End (Stationers) Limited
90
4Osmond Group Limited
90
5Taylor Of Old Bond Street Ltd
90
6Cloham Limited
90
7Kernowcraft Rocks And Gems Limited
90
8Life Source Supplements Limited
90
9Windward Marine Limited
90
10Pavers Limited
90
76345Turbo Rc Group Ltd
30
How is this score calculated?
Financial strength2/25 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.

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.

Longevity3/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 31/03/2026

Net Worth

-£32k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£2k

Current Liabilities

£34k

Debtors

£719

1avg. employees

Director Loans

Company owes directors£34k

Balance Sheet

Assets less current liabilities-£32k
Signed by Mr Magyar-Hunor Tamas 25/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.06-£11k
20250.23-£20k
20240.58—

Derived from filed accounts. Not audited figures.