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Turningworks Ltd

14875492

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

6 FORTUNA COURT CALLEVA PARK, READING, RG7 8UB
Incorporated 17/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Sam Drury

director · Since 17/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Matthew David Jones

director · Since 17/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

M D J Design Limited

25–50% shares
25–50% votes

Unit 28, Youngs Industrial Estate, Paices Hl, Reading, RG7 4PW

Reg: 06846824 · United Kingdom · Private Limited Company

Notified 17/05/2023

Stork Solutions Limited

25–50% shares
25–50% votes

6 Fortuna Court, Calleva Park, Reading, RG7 8UB

Reg: 10906801 · United Kingdom · Private Limited Company

Notified 17/05/2023

CompanyRankvs 46226+ SIC 82990 peers
64

Financial strength65th percentile among SIC peers · 16/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.13× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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46226Turningworks Ltd
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How is this score calculated?
Financial strength16/25 pts

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

Employees10/15 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.

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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

£11k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£18k

Current Liabilities

£8k

Fixed Assets

£3k

2avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
20252.13+£3k
20240.11+£36k
20230.21—

Derived from filed accounts. Not audited figures.