Company Overview
Turner Engine Powered Services Limited is a Dissolved Private Limited Company.
Registered Address

130 St. Vincent Street, Glasgow, G2 5HF
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Companies House Data
Company NameTURNER ENGINE POWERED SERVICES LIMITED
Company NumberSC026728
Registered Office Address130 St. Vincent Street
 G2 5HF
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date13/12/1948
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2023
Accounts Last Made Up Date31/03/2022
Accounts Account CategorySMALL
Returns Next Due Date11/12/2016
Returns Last Made Up Date13/11/2015
Previous Company NameChanged Date
TURNER DIESEL LIMITED03 Aug 2009
Directors & Members
Show Resigned
Alan Turner - Director
(British, 61 years old, born October 1965)
Appointed 01 January 1991
Active
Secretaries
Show Resigned
Alan Carmichael - Secretary
Appointed 26 October 2017
Active
Balance Sheet Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2017 31-Mar-2016
Balance Sheet
Fixed Assets 896,134 896,134 1,219,010
Current Assets 7,124,353 7,124,353 9,445,631
Creditors Due Within One Year 6,308,280 6,308,280 5,434,052
Working Cap 816,073 816,073 4,011,579
Total Assets Less Current Liabilities 1,712,207 1,712,207 5,230,589
Long-term Liabilities 0 0 350,000
Net Assets 1,712,207 1,712,207 4,880,589
Share Capital & Reserves
Share Cap 45,000 45,000 45,000
Profit & Loss Reserves 1,666,977 1,666,977 4,835,359
Other Reserves 230 230 230
Shareholders Funds 1,712,207 1,712,207 4,880,589
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2017 31-Mar-2016
Tangible Fixed Assets - - -
Fixed Assets 11.2% 11.2% 11.4%
Stocks Inventory 18.1% 18.1% 21.9%
Debtors 26.4% 26.4% 28.9%
Cash Bank In Hand 6.5% 6.5% 7.6%
Current Assets 88.8% 88.8% 88.6%
Creditors Due Within One Year 78.7% 78.7% 51.0%
Net Current Assets Liabilities 10.2% 10.2% 37.6%
Creditors Due After One Year 0.0% 0.0% 3.3%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 21.3% 21.3% 45.8%
Called Up Share Capital 0.6% 0.6% 0.4%
Share Capital Allotted Called Up Paid 0.6% 0.6% 0.4%
Profit Loss Account Reserve 20.8% 20.8% 45.3%
Shareholder Funds 21.3% 21.3% 45.8%
Capital Employed - - -
Total Assets Less Current Liabilities 21.3% 21.3% 49.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2017 31-Mar-2016
Liquidity Ratio 1.1 1.1 1.7
Solvency Ratio 1.3 1.3 1.8
Reserves to Assets 0.2 0.2 0.5
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2017 31-Mar-2016
Assets 8,020,487 8,020,487 10,664,641
Debt 6,308,280 6,308,280 5,784,052
Net Assets/Debt 1,712,207 1,712,207 4,880,589
Public Record Information Unlock full report
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 Unlock full report
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 Unlock full report
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 Unlock full report

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 Unlock full report
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) X
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 Unlock full report

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 Unlock full report

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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Document Filings
Final Gazette dissolved following liquidation
Registered office address changed from 65 Craigton Road Glasgow G51 3EQ to 130 st. Vincent Street Glasgow G2 5HF on 27 October 2023
Resolutions
Termination of appointment of Graham Bruce Knox as a director on 31 May 2023
Confirmation statement made on 13 November 2022 with no updates
Confirmation statement made on 13 November 2021 with no updates
Appointment of Mr Graham Bruce Knox as a director on 30 June 2021
Termination of appointment of Ian Parrack as a director on 30 June 2021
Confirmation statement made on 13 November 2020 with no updates
Confirmation statement made on 13 November 2019 with no updates
Confirmation statement made on 13 November 2018 with no updates
Director's details changed for Mr Alan Gerard Turner on 1 July 2018
Director's details changed for Mr Alan Gerard Turner on 28 November 2017
Director's details changed for Mr Ian Parrack on 28 November 2017
Confirmation statement made on 13 November 2017 with no updates
Appointment of Mr Alan Gordon Carmichael as a secretary on 26 October 2017
Termination of appointment of Ian Parrack as a secretary on 26 October 2017

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