Turbo Innovations Ltd

Turbo Innovations Ltd, a small, active company based in Kent, UK, was founded four years ago in March 2021. Despite its active status, the company is currently overdue on both its accounts and confirmation statements by one and two years, respectively. Employing just two people, it operates from a real address and is managed by two directors who are also the owners. The company’s core business revolves around retail sales via mail order and the internet.

The company’s website, Turbo Technics, positions itself as a world leader in turbocharger technology. It offers a wide range of products and services, including turbochargers, test equipment, OEM services, and training. The site highlights the company’s 40-year heritage, its expertise in high-speed rotating machinery, and its commitment to setting industry standards. It also features a blog with technical articles and news updates, as well as a distributor network and contact information. It's clear the business is more than just a simple online retailer; it’s a specialist in turbocharger technology, with a focus on performance upgrades, remanufacturing, and testing.

Financially, Turbo Innovations Ltd presents a mixed picture. Cash bank on hand remains steady at £35,000, but creditors have remained constant at £22,000. Equity, however, has remained at £17,000, and net current assets and liabilities have stayed at £14,000. Fixed assets are at £2,800, and the company's bank borrowings are at £29,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the lack of significant financial growth raises questions. With no auditor mentioned, the financial statements are unaudited.

It appears Turbo Innovations Ltd is holding its own, but the lack of financial progress suggests a need for careful management. The company’s expertise in turbocharger technology, however, provides a solid foundation for future growth—if it can navigate the current financial challenges.

Registered in England/Wales under the registration number 13261778, with a registered address at TN15 6AR, England, Kent, A4g Llp Kings Lodge, London Rd West Kingsdown, West Kingsdown.

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