Turner Tech Limited

Turner Tech Limited, based in Spalding, UK, is a small, active company founded five years ago. Despite its status, the company faces challenges, with both accounts and confirmation statements overdue for two years. Employing just two people and holding £37,558 in assets, it operates from a virtual address – a detail highlighted by the fact that forty-five companies share the same registration address. It’s a solo-founded venture led by a single director and owner, Turner Mark Anthony Herbert.

The company’s website, though not provided, suggests an e-commerce focus, operating in the retail sale via mail order houses or via internet industries. It’s likely Turner Tech Limited sells goods online, competing in a crowded market.

Financially, Turner Tech Limited’s picture is concerning. While the company’s net assets remain at a modest £140, bank borrowings have risen to £41,000, and net current liabilities are a negative £4,100. Cash reserves are low, and trade debtors are high at £25,000. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the negative net current assets and rising debt suggest it’s burning through cash. The lack of an auditor (likely exempt as a small company) means the figures are unaudited, and reliance on director-reported data adds another layer of uncertainty. It’s a precarious situation, and the company will need to carefully manage its finances to avoid further strain.

Registered in England/Wales under the registration number 12200233, with a registered address at PE12 7LR, England, Spalding, Lincolnshire, 33 Boston Road South, Holbeach.

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