turner power systems limited
turner power systems limited Company Information
Company Number
SC172924
Next Accounts
Nov 2025
Shareholders
john brown turner
Group Structure
View All
Industry
Repair of machinery
Registered Address
34 peveril avenue, rutherglen, glasgow, G73 4JJ
turner power systems limited Estimated Valuation
Pomanda estimates the enterprise value of TURNER POWER SYSTEMS LIMITED at £199.6k based on a Turnover of £431.7k and 0.46x industry multiple (adjusted for size and gross margin).
turner power systems limited Estimated Valuation
Pomanda estimates the enterprise value of TURNER POWER SYSTEMS LIMITED at £10.8k based on an EBITDA of £2.7k and a 3.93x industry multiple (adjusted for size and gross margin).
turner power systems limited Estimated Valuation
Pomanda estimates the enterprise value of TURNER POWER SYSTEMS LIMITED at £82.6k based on Net Assets of £32.1k and 2.57x industry multiple (adjusted for liquidity).
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Turner Power Systems Limited Overview
Turner Power Systems Limited is a live company located in glasgow, G73 4JJ with a Companies House number of SC172924. It operates in the repair of machinery sector, SIC Code 33120. Founded in February 1997, it's largest shareholder is john brown turner with a 100% stake. Turner Power Systems Limited is a mature, micro sized company, Pomanda has estimated its turnover at £431.7k with healthy growth in recent years.
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Turner Power Systems Limited Health Check
Pomanda's financial health check has awarded Turner Power Systems Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
3 Weak
Size
annual sales of £431.7k, make it smaller than the average company (£9.4m)
- Turner Power Systems Limited
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.1%)
- Turner Power Systems Limited
8.1% - Industry AVG
Production
with a gross margin of 28.5%, this company has a comparable cost of product (28.5%)
- Turner Power Systems Limited
28.5% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (5.4%)
- Turner Power Systems Limited
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (34)
2 - Turner Power Systems Limited
34 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Turner Power Systems Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £215.8k, this is equally as efficient (£215.8k)
- Turner Power Systems Limited
£215.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Turner Power Systems Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Turner Power Systems Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Turner Power Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 239 weeks, this is more cash available to meet short term requirements (14 weeks)
239 weeks - Turner Power Systems Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.5%, this is a lower level of debt than the average (60.3%)
20.5% - Turner Power Systems Limited
60.3% - Industry AVG
TURNER POWER SYSTEMS LIMITED financials
Turner Power Systems Limited's latest turnover from February 2024 is estimated at £431.7 thousand and the company has net assets of £32.1 thousand. According to their latest financial statements, Turner Power Systems Limited has 2 employees and maintains cash reserves of £38.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,148 | 821 | 386 | 722 | 850 | 1,000 | 1,176 | 1,383 | 2,275 | 2,676 | |||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,148 | 821 | 386 | 722 | 850 | 1,000 | 1,176 | 1,383 | 2,275 | 2,676 | |||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,323 | 5,936 | 4,045 | 3,872 | 2,622 | ||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 273 | 252 | 68 | 264 | |||||||||||
| Cash | 38,230 | 37,884 | 24,281 | 21,021 | 9,960 | 11,265 | 10,143 | 18,268 | 35,559 | 30,839 | 27,161 | 22,599 | 5,483 | 5,287 | 1,044 |
| misc current assets | 15 | 1 | |||||||||||||
| total current assets | 38,245 | 37,884 | 24,554 | 21,273 | 10,029 | 11,529 | 10,143 | 18,268 | 35,559 | 35,162 | 33,097 | 26,644 | 5,483 | 9,159 | 3,666 |
| total assets | 40,393 | 38,705 | 24,940 | 21,273 | 10,029 | 11,529 | 10,143 | 18,268 | 36,281 | 36,012 | 34,097 | 27,820 | 6,866 | 11,434 | 6,342 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1 | 1 | 18,049 | 11,917 | 16,465 | 3,547 | 8,242 | 6,318 | |||||||
| Group/Directors Accounts | 4,994 | 3,228 | 3,597 | 3,075 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,305 | 6,656 | 4,309 | 5,767 | 8,098 | 7,884 | 8,689 | 12,716 | 24,199 | ||||||
| total current liabilities | 8,299 | 9,884 | 7,906 | 8,842 | 8,098 | 7,885 | 8,689 | 12,716 | 24,200 | 18,049 | 11,917 | 16,465 | 3,547 | 8,242 | 6,318 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 8,299 | 9,884 | 7,906 | 8,842 | 8,098 | 7,885 | 8,689 | 12,716 | 24,200 | 18,049 | 11,917 | 16,465 | 3,547 | 8,242 | 6,318 |
| net assets | 32,094 | 28,821 | 17,034 | 12,431 | 1,931 | 3,644 | 1,454 | 5,552 | 12,081 | 17,963 | 22,180 | 11,355 | 3,319 | 3,192 | 24 |
| total shareholders funds | 32,094 | 28,821 | 17,034 | 12,431 | 1,931 | 3,644 | 1,454 | 5,552 | 12,081 | 17,963 | 22,180 | 11,355 | 3,319 | 3,192 | 24 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 380 | 145 | 67 | 722 | 128 | 150 | 176 | 207 | 244 | 401 | 472 | ||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -273 | 21 | 184 | -196 | 264 | -4,323 | -1,613 | 1,891 | 4,045 | -3,872 | 1,250 | 2,622 | |||
| Creditors | -1 | 1 | -1 | -18,048 | 6,132 | -4,548 | 12,918 | -4,695 | 1,924 | 6,318 | |||||
| Accruals and Deferred Income | -3,351 | 2,347 | -1,458 | -2,331 | 214 | -805 | -4,027 | -11,483 | 24,199 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 1,766 | -369 | 522 | 3,075 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 346 | 13,603 | 3,260 | 11,061 | -1,305 | 1,122 | -8,125 | -17,291 | 4,720 | 3,678 | 4,562 | 17,116 | 196 | 4,243 | 1,044 |
| overdraft | |||||||||||||||
| change in cash | 346 | 13,603 | 3,260 | 11,061 | -1,305 | 1,122 | -8,125 | -17,291 | 4,720 | 3,678 | 4,562 | 17,116 | 196 | 4,243 | 1,044 |
turner power systems limited Credit Report and Business Information
Turner Power Systems Limited Competitor Analysis
Perform a competitor analysis for turner power systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in G73 area or any other competitors across 12 key performance metrics.
turner power systems limited Ownership
TURNER POWER SYSTEMS LIMITED group structure
Turner Power Systems Limited has no subsidiary companies.
Ultimate parent company
TURNER POWER SYSTEMS LIMITED
SC172924
turner power systems limited directors
Turner Power Systems Limited currently has 2 directors. The longest serving directors include Mr John Turner (Feb 1997) and Mrs Linda Turner (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Turner | 75 years | Feb 1997 | - | Director | |
| Mrs Linda Turner | 73 years | Feb 2017 | - | Director |
P&L
February 2024turnover
431.7k
+11%
operating profit
2.4k
0%
gross margin
28.6%
-0.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
32.1k
+0.11%
total assets
40.4k
+0.04%
cash
38.2k
+0.01%
net assets
Total assets minus all liabilities
Similar Companies
turner power systems limited company details
company number
SC172924
Type
Private limited with Share Capital
industry
33120 - Repair of machinery
incorporation date
February 1997
age
28
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
BRAND JAMIESON & CO LTD
auditor
-
address
34 peveril avenue, rutherglen, glasgow, G73 4JJ
Bank
-
Legal Advisor
-
turner power systems limited 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 turner power systems limited.
turner power systems limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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turner power systems limited Companies House Filings - See Documents
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