TURBO-UNION LIMITED Credit Check Report

Company Overview

Turbo-Union Limited is a Converted / Closed Converted / Closed. The company was incorporated on Tuesday 30 September 1969, so this is a well established company. Turbo-Union Limited has been in business for 56 years and 6 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2020.

Registered Address

Moor Lane, Derby, Derbyshire, DE24 8BJ

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Companies House Data

Company Name	TURBO-UNION LIMITED
Company Number	00962980
Registered Office Address	Moor Lane
	Derby
	DE24 8BJ
Company Category	Converted / Closed
Company Status	Converted / Closed
Country of Origin	United Kingdom
Incorporation Date	30/09/1969
Accounting Reference Date Day	31
Accounting Reference Date Month	12
Accounts Next Due Date	30/09/2020
Accounts Last Made Up Date	31/12/2018
Accounts Account Category	FULL
Returns Next Due Date	29/06/2017
Returns Last Made Up Date	01/06/2016

Directors & Members

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	Manfred Albert - Director (German, 76 years old, born August 1950) Appointed 01 December 2008, Resigned 31 October 2012	Resigned
	Hermann Albrecht - Director (German, 85 years old, born May 1941) Appointed 01 August 2001, Resigned 31 December 2002	Resigned
	Christopher Awde - Director (British, 70 years old, born February 1956) Appointed 23 June 2008, Resigned 07 June 2009	Resigned
	Karl Bader - Director (German, 73 years old, born February 1953) Appointed 05 February 2007, Resigned 31 December 2010	Resigned
	Simon Baldwin - Director (British, 66 years old, born July 1960) Appointed 29 May 2008, Resigned 01 May 2012	Resigned
	Simon Baldwin - Director (British, 66 years old, born July 1960) Appointed 30 September 2018	Active
	Mauro Bertini - Director (Italian, 79 years old, born February 1947)	Resigned
	John Blayney - Director (British, 62 years old, born January 1964) Appointed 16 September 2013, Resigned 08 September 2016	Resigned
	Francesco Cannici - Director (Italian, 75 years old, born July 1951) Appointed 16 May 1996, Resigned 01 September 2000	Resigned
	Leonardo Caroni - Director (Italian, 82 years old, born April 1944) Appointed 01 September 2000, Resigned 25 September 2003	Resigned
	Corrado Crotti - Director (Italian, 58 years old, born January 1968) Appointed 01 December 2011, Resigned 12 March 2013	Resigned
	Nicholas Durham - Director (British, 71 years old, born April 1955) Appointed 27 July 2000, Resigned 04 October 2007	Resigned
	Sebastiano Fagone Buscimese - Director (Ita, 79 years old, born November 1947) Appointed 01 September 2000, Resigned 16 November 2006	Resigned
	Christopher Fairhead - Director (British, 81 years old, born October 1945) Appointed 02 January 1996, Resigned 16 August 2000	Resigned
	Martin Fausset - Director (British, 69 years old, born February 1957) Appointed 05 October 2007, Resigned 29 May 2008	Resigned
	Christian Ferrari - Director (Italian, 53 years old, born December 1973) Appointed 15 July 2015, Resigned 31 October 2017	Resigned
	John Ferrie - Director (British, 79 years old, born January 1947) Appointed 04 April 1995, Resigned 01 March 1998	Resigned
	Roland Fischer - Director (German, 64 years old, born August 1962) Appointed 01 November 2007, Resigned 01 February 2008	Resigned
	Colin Green - Director (British, 78 years old, born October 1948)	Resigned
	John Grimshaw - Director (British, 89 years old, born March 1937)	Resigned
	Harmut Gruber - Director (German, 84 years old, born April 1942) Appointed 01 January 1997, Resigned 01 January 2001	Resigned
	Klaus Guenther - Director (German, 59 years old, born May 1967) Appointed 01 January 2011	Active
	Peter Harster - Director (German, 66 years old, born February 1960) Appointed 01 December 2013, Resigned 30 September 2017	Resigned
	Franz Heitmer - Director (German, 71 years old, born August 1955) Appointed 01 January 2001, Resigned 01 August 2001	Resigned
	Hans Hemm - Director (German, 91 years old, born January 1935)	Resigned
	Hugh Hillier - Director (British, 86 years old, born September 1940) Appointed 08 June 1995, Resigned 01 October 1997	Resigned
	Graham Hopkins - Director (British, 68 years old, born March 1958) Appointed 07 March 2005, Resigned 07 December 2006	Resigned
	Michael Howse - Director (British, 84 years old, born June 1942)	Resigned
	Simon Hughes - Director (British, 55 years old, born May 1971) Appointed 01 May 2012, Resigned 16 September 2013	Resigned
	Francis Kearney - Director (British, 66 years old, born February 1960) Appointed 03 February 2006, Resigned 01 April 2010	Resigned
	Henrich Kell - Director (German, 90 years old, born December 1936)	Resigned
	Karlheinz Koch - Director (German, 89 years old, born November 1937) Appointed 01 August 1995, Resigned 01 December 2008	Resigned

Secretaries

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	Jacqueline Gentles - Secretary Appointed 04 April 2019	Active
	Delrose Goma - Secretary (British) Appointed 20 February 2001, Resigned 31 August 2015	Resigned
	Andrew Harvey-Wrate - Secretary Appointed 01 August 2015, Resigned 25 July 2018	Resigned

Other Company Directorships

Simon Baldwin
FLY NAVY HERITAGE TRUST LIMITED
TURBOMECA322 LIMITED
WRAXALL BARNS MANAGEMENT COMPANY LIMITED

Klaus Guenther
No companies found

Balance Sheet

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Common Size Financial Analysis

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Secured Creditors

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Public Record Information

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Exact Court Judgements

Period of Months	Last 12m	13-24m	25-36m	37-48m	49-60m	61-72m
Number of Exact CCJS	X	Y	Y	X	X	Y
Value of Exact CCJS	YXY	YK	S	S	X	KX

Supplier Credit Limits

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Date	Sector	Notified	Amount	Terms
XK-SXY	XKXYXK	SXSKXYXK	£X,000	XS XYSKS
SK-SYY	SKXYXKYKKY	KSXX KKXXYXS	£YY,000	YS XYSKS SK YXXSXS
YK-SXY	XKXYXYYK	SXSXYXK	£SX,000	XS XYSKS

Payment Records

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Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices	Paid Before 30 days due	Paid After 30 days due	Owing Before 30 days due	Owing after 30 days due
XYX	SX	K	YX	X

Company Valuation Analysis

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Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations		Valuation Measures
Estimated High Value	£XSI,000	Retained Profit	£YX,000
Estimated Mid Value	£YY,000	EBIT	£SY,000
Estimated Low Value	£X,000	EBITDA	£SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations		Valuation Measures
Estimated High Value	£XY,000	Total Assets	£XIX,000
Estimated Mid Value	£Y,000	Net Assets	£YX,000
Estimated Low Value	£S,000	Tangible Equity	£SX,000
The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist

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Business Growth	Please purchase a report to see true comments
EBITDA	Purchase a report to see true comments
Dividends	Please purchase a report to see true comments about this company
Retained Profits	Retained Profits for this company
Debt Interest	Debt Interest for this company
Cash Flow	Cash Flow for this company
CCJs	CCJs for this company
Age of Company	Age of Company for this company
Solvency	Solvency for this company
Secured Creditors	Secured Creditors for this company
Ownership	Ownership for this company

First Report Score: (0-10)

Financial Status Guide:

10			Very Strong
9			Strong
8			Very Good
7			Good
6			Above Average
5			Average
4			Below Average
3			Poor
2			Weak
1			Very Weak
0			Critical

Risk Score Trend

Risk Rating

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This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100)	X
Risk Band Description	XXMXMXMX SISX
Risk Assessment	Meeting of Creditors
Credit Rating	XSKX

Altman Z Score Credit Risk Rating

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There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score	X
Risk Band	XY
Risk Band Description	The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1	Low Risk	3.00 and above
2	Caution	2.63 - 2.99
3	Risk of Failure within 2 years	1.24 - 2.62
4	High Probability Failure	Below 1.24

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	ROLLS-ROYCE INDUSTRIAL & MARINE POWER LIMITED KINGS PLACE, 90 YORK WAY, LONDON, DE24 8BJ
	NEI MINING EQUIPMENT LIMITED KINGS PLACE, 90 YORK WAY, LONDON, DE24 8BJ
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	ROLLS-ROYCE LEASING LIMITED MOOR LANE, DERBY, DERBYSHIRE, DE24 8BJ
	NEI ALLEN LIMITED Moor Lane, Derby, DE24 8BJ
	JOHN THOMPSON LIMITED Moor Lane, Derby, DE24 8BJ

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