Turbine Support Limited

Turbine Support Limited, based in Bournemouth, UK, is a small, holding company with an active status, having been established 43 years ago in 1981. The company employs seven people and holds £1,444,139 in assets, operating from a virtual address – a point worth noting as twenty-four companies are registered at the same location. It’s managed by four directors and has one owner, although the full list of owners is not exhaustive. Turbine Support Limited is an irregular importer and exporter, dealing primarily in machinery, boilers, and mechanical appliances, with import activity spanning one month and export activity spanning two months.

The company’s website reveals a broader scope of operations. Turbine Services Limited, the parent company, is a global provider of gas turbine maintenance solutions, boasting over 2,000 years of collective employee experience. Specializing in heavy-duty General Electric gas turbines, Turbine Services offers a wide range of services, including spare parts supply, component repair, rotor overhauls, field support, gas turbine refurbishment, combustion inspection elimination, advanced control systems, training courses, and long-term service agreements. It even offers condition monitoring through its TIGER system. The website also mentions a sister company, Power Development International, which refurbishes used gas turbines.

Financially, Turbine Support Limited presents a mixed picture. Current assets have increased by 21%, reaching £1,400,000, while net assets have grown by 23%, hitting £1,200,000. However, cash reserves have increased by a substantial 12%, reaching £1,100,000. Creditors have also increased by 11%, reaching £230,000. Debtor’s have seen a massive increase of 520%, reaching £250,000, which could be a sign of growth or potentially a collection issue. The company’s small size (meeting two of three conditions for being a small company) helps it remain agile, but the increase in debtors is something to watch. The company is exempt from an audit, so the figures are unaudited. It's likely that the company is doing well, but it’s worth keeping an eye on the collection of debtors.

Registered in England/Wales under the registration number 01590883, with a registered address at BH2 5QL, England, Bournemouth, 5 Poole Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.