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Precision Turbo Services Ltd

15212139

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

THE MALTINGS 2 ANDERSON ROAD, BIRMINGHAM, B66 4AR
Incorporated 16/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Khader Hussain

director · Since 16/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mr Nadeem Hussain

director · Since 16/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Nadeem Hussain

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

The Maltings, 2 Anderson Road, Birmingham, B66 4AR

Notified 16/10/2023

Mr Khader Hussain

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

The Maltings, 2 Anderson Road, Birmingham, B66 4AR

Notified 16/10/2023

CompanyRankvs 25311+ SIC 71129 peers
25

Financial strength13th percentile among SIC peers · 3/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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25311Precision Turbo Services Ltd
24
How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

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

-£140

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£140

Working capital

Current Assets

£100

Current Liabilities

£240

0avg. employees

Balance Sheet

Assets less current liabilities-£140
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.42

Derived from filed accounts. Not audited figures.