Company Overview
Turner Aviation Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 02 March 1967, so this is a well established company. Turner Aviation Limited has been in business for 59 years and 1 month. The accounts status is full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

65 Craigton Road, Glasgow, G51 3EQ
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Companies House Data
Company NameTURNER AVIATION LIMITED
Company NumberSC044355
Registered Office Address65 Craigton Road
 Glasgow
 G51 3EQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date02/03/1967
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryFULL
Returns Next Due Date11/12/2016
Returns Last Made Up Date13/11/2015
Directors & Members
Show Resigned
Peter Farley - Director
(American, 59 years old, born April 1967)
Appointed 09 July 2025
 Active
Kathleen MacIntosh - Director
(American, 55 years old, born August 1971)
Appointed 09 July 2025
 Active
David Mast - Director
(American, 57 years old, born March 1969)
Appointed 09 July 2025
 Active
Secretaries
Show Resigned
Other Company Directorships
Peter Farley
PAG UK HOLDINGS LTD
Kathleen MacIntosh
PAG UK HOLDINGS LTD
David Mast
PAG UK HOLDINGS LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 25-Mar-2016 25-Mar-2015
Balance Sheet
Fixed Assets 387,427 387,427 317,657
Current Assets 7,980,533 7,980,533 7,273,873
Creditors Due Within One Year 4,131,374 4,131,374 3,237,722
Working Cap 3,849,159 3,849,159 4,036,151
Total Assets Less Current Liabilities 4,236,586 4,236,586 4,353,808
Long-term Liabilities 0 0 0
Net Assets 4,236,586 4,236,586 4,353,808
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 4,236,486 4,236,486 4,353,708
Other Reserves 0 0 0
Shareholders Funds 4,236,586 4,236,586 4,353,808
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 25-Mar-2016 25-Mar-2015
Tangible Fixed Assets - - -
Fixed Assets 4.6% 4.6% 4.2%
Stocks Inventory 24.5% 24.5% 30.5%
Debtors 20.9% 20.9% 11.3%
Cash Bank In Hand 41.2% 41.2% 43.8%
Current Assets 95.4% 95.4% 95.8%
Creditors Due Within One Year 49.4% 49.4% 42.6%
Net Current Assets Liabilities 46.0% 46.0% 53.2%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 50.6% 50.6% 57.4%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 50.6% 50.6% 57.3%
Shareholder Funds 50.6% 50.6% 57.4%
Capital Employed - - -
Total Assets Less Current Liabilities 50.6% 50.6% 57.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 25-Mar-2016 25-Mar-2015
Liquidity Ratio 1.9 1.9 2.2
Solvency Ratio 2.0 2.0 2.3
Reserves to Assets 0.5 0.5 0.6
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 25-Mar-2016 25-Mar-2015
Assets 8,367,960 8,367,960 7,591,530
Debt 4,131,374 4,131,374 3,237,722
Net Assets/Debt 4,236,586 4,236,586 4,353,808

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Other Business around G51 3EQ
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Castle Court, 20 Castle Terrace, Edinburgh, G51 3EQ
TURNER HIRE DRIVE LIMITED
130 St. Vincent Street, Glasgow, G51 3EQ
FLUOR TURNER LIMITED
Turner Facilities Management Limited, 65 Craigton Road, Glasgow, G51 3EQ
TRS LOCOMOTIVE SUPPORT SERVICES LIMITED
65 Craigton Road, Glasgow, Lanarkshire, G51 3EQ
P & S POWER GENERATION LIMITED
65 Craigton Road, Glasgow, Lanarkshire, G51 3EQ
BLUE CUBE PORTABLE COLD STORES LIMITED
Floor 8, The Beacon, 176 St. Vincent Street, Glasgow, G51 3EQ
TURNER DIESEL LIMITED
130 St. Vincent Street, Glasgow, G51 3EQ
WILSON & WYLIE (SCOTLAND) LIMITED
C/O Kpmg Llp, Saltire Court, 20 Castle Terrace, Edinburgh, G51 3EQ
TURNER PROPERTY SERVICES LIMITED
130 ST. VINCENT STREET, GLASGOW, G51 3EQ
VÁR NORTH SEA LIMITED
65 Craigton Road, Glasgow, G51 3EQ
Document Filings
Confirmation statement made on 13 November 2025 with updates
Registration of charge SC0443550015, created on 5 September 2025
Resolutions
Memorandum and Articles of Association
Registration of charge SC0443550014, created on 5 September 2025
Memorandum and Articles of Association
Resolutions
Termination of appointment of Scott Page as a director on 22 August 2025
Notification of Pag Uk Holdings Ltd as a person with significant control on 9 July 2025
Statement of Company's objects
Memorandum and Articles of Association
Resolutions
Registered office address changed from Units 1-6 Block 5 Thornliebank Industrial Estate Spiersbridge Terrace Glasgow G46 8JH Scotland to Units 1-6 Block 5 Thornliebank Industrial Estate Spiersbridge Terrace Glasgow G46 8JQ on 22 July 2025
Current accounting period shortened from 31 March 2026 to 31 December 2025
Registered office address changed from 65 Craigton Road Glasgow G51 3EQ to Units 1-6 Block 5 Thornliebank Industrial Estate Spiersbridge Terrace Glasgow G46 8JH on 21 July 2025
Cessation of Turner & Co (Glasgow) Ltd as a person with significant control on 9 July 2025
Termination of appointment of Alan Gerard Turner as a director on 9 July 2025
Termination of appointment of Douglas Henry Muirhead as a director on 9 July 2025
Termination of appointment of Craig Campbell as a director on 9 July 2025
Termination of appointment of Alan Gordon Carmichael as a secretary on 9 July 2025
Appointment of Mr Scott Page as a director on 9 July 2025
Appointment of Mr Peter Farley as a director on 9 July 2025
Appointment of Ms Kathleen Macintosh as a director on 9 July 2025
Appointment of Mr David Mast as a director on 9 July 2025
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