turing global innovations ltd

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turing global innovations ltd Company Information

Share TURING GLOBAL INNOVATIONS LTD
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StartupMicro

Company Number

13217806

Website

-

Registered Address

ashbourne house, 2 south park road, harrogate, HG1 5QU

Industry

Business and domestic software development

 

Telephone

-

Next Accounts Due

November 2024

Group Structure

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Directors

Daniel Logiudice3 Years

Blake Edwards3 Years

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Shareholders

duncan hartop 33.3%

daniel logiudice 33.3%

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turing global innovations ltd Estimated Valuation

£125.1k

Pomanda estimates the enterprise value of TURING GLOBAL INNOVATIONS LTD at £125.1k based on a Turnover of £200.3k and 0.62x industry multiple (adjusted for size and gross margin).

turing global innovations ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of TURING GLOBAL INNOVATIONS LTD at £0 based on an EBITDA of £0 and a 4.11x industry multiple (adjusted for size and gross margin).

turing global innovations ltd Estimated Valuation

£7

Pomanda estimates the enterprise value of TURING GLOBAL INNOVATIONS LTD at £7 based on Net Assets of £3 and 2.37x industry multiple (adjusted for liquidity).

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Turing Global Innovations Ltd Overview

Turing Global Innovations Ltd is a live company located in harrogate, HG1 5QU with a Companies House number of 13217806. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2021, it's largest shareholder is duncan hartop with a 33.3% stake. Turing Global Innovations Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £200.3k with unknown growth in recent years.

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Turing Global Innovations Ltd Health Check

Pomanda's financial health check has awarded Turing Global Innovations Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £200.3k, make it smaller than the average company (£3m)

£200.3k - Turing Global Innovations Ltd

£3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Turing Global Innovations Ltd

- - Industry AVG

production

Production

with a gross margin of 42.2%, this company has a higher cost of product (71.9%)

42.2% - Turing Global Innovations Ltd

71.9% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Turing Global Innovations Ltd

- - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (28)

3 - Turing Global Innovations Ltd

28 - Industry AVG

paystructure

Pay Structure

on an average salary of £65.5k, the company has an equivalent pay structure (£65.5k)

£65.5k - Turing Global Innovations Ltd

£65.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.8k, this is less efficient (£111k)

£66.8k - Turing Global Innovations Ltd

£111k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Turing Global Innovations Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Turing Global Innovations Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Turing Global Innovations Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Turing Global Innovations Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Turing Global Innovations Ltd

- - Industry AVG

TURING GLOBAL INNOVATIONS LTD financials

EXPORTms excel logo

Turing Global Innovations Ltd's latest turnover from February 2023 is estimated at £200.3 thousand and the company has net assets of £3. According to their latest financial statements, Turing Global Innovations Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Feb 2022
Turnover200,262189,093
Other Income Or Grants00
Cost Of Sales115,770102,939
Gross Profit84,49286,154
Admin Expenses84,49286,154
Operating Profit00
Interest Payable00
Interest Receivable00
Pre-Tax Profit00
Tax00
Profit After Tax00
Dividends Paid00
Retained Profit00
Employee Costs196,567184,071
Number Of Employees33
EBITDA*00

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022
Tangible Assets00
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets00
Stock & work in progress00
Trade Debtors00
Group Debtors00
Misc Debtors33
Cash00
misc current assets00
total current assets33
total assets33
Bank overdraft00
Bank loan00
Trade Creditors 00
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities00
total current liabilities00
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities00
net assets33
total shareholders funds33
Feb 2023Feb 2022
Operating Activities
Operating Profit00
Depreciation00
Amortisation00
Tax00
Stock00
Debtors03
Creditors00
Accruals and Deferred Income00
Deferred Taxes & Provisions00
Cash flow from operations0-3
Investing Activities
capital expenditure00
Change in Investments00
cash flow from investments00
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue03
interest00
cash flow from financing03
cash and cash equivalents
cash00
overdraft00
change in cash00

turing global innovations ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Turing Global Innovations Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for turing global innovations ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HG1 area or any other competitors across 12 key performance metrics.

turing global innovations ltd Ownership

TURING GLOBAL INNOVATIONS LTD group structure

Turing Global Innovations Ltd has no subsidiary companies.

Ultimate parent company

TURING GLOBAL INNOVATIONS LTD

13217806

TURING GLOBAL INNOVATIONS LTD Shareholders

duncan hartop 33.33%
daniel logiudice 33.33%
blake edwards 33.33%

turing global innovations ltd directors

Turing Global Innovations Ltd currently has 3 directors. The longest serving directors include Mr Daniel Logiudice (Feb 2021) and Mr Blake Edwards (Feb 2021).

officercountryagestartendrole
Mr Daniel LogiudiceEngland50 years Feb 2021- Director
Mr Blake EdwardsEngland51 years Feb 2021- Director
Mr Duncan HartopEngland59 years Feb 2021- Director

P&L

February 2023

turnover

200.3k

+6%

operating profit

0

0%

gross margin

42.2%

-7.4%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2023

net assets

3

0%

total assets

3

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

turing global innovations ltd company details

company number

13217806

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

February 2021

age

3

incorporated

UK

accounts

Dormant

ultimate parent company

None

previous names

N/A

last accounts submitted

February 2023

address

ashbourne house, 2 south park road, harrogate, HG1 5QU

accountant

-

auditor

-

turing global innovations ltd Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to turing global innovations ltd.

charges

turing global innovations ltd Companies House Filings - See Documents

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