Company Overview
Rite Turn Limited is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Tuesday 15 March 2011, so this is a well established company. Rite Turn Limited has been in business for 15 years. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

197 Verdon Street, Verdon Street, Sheffield, S3 9QQ
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Companies House Data
Company NameRITE TURN LIMITED
Company Number07564899
Registered Office Address197 Verdon Street
 Verdon Street
 S3 9QQ
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date15/03/2011
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date12/04/2017
Returns Last Made Up Date15/03/2016
Directors & Members
Show Resigned
Felson Tahir - Director
(British, 47 years old, born June 1979)
Appointed 04 January 2020
 Active
Marlene Usuf - Director
(British, 51 years old, born October 1975)
Appointed 29 May 2019
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Felson Tahir
PARENTING, ADVICE, CARING CHILDREN ELDERLY, EDUCATION, EMPLOYMENT AND RESEARCH. PACEER CIC
Marlene Usuf
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Balance Sheet
Fixed Assets 107 107 142
Current Assets 1,187 1,187 1,215
Creditors Due Within One Year 418 418 572
Working Cap 769 769 643
Total Assets Less Current Liabilities 876 876 785
Long-term Liabilities 0 0 0
Net Assets 876 876 785
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 876 876 785
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Tangible Fixed Assets - - -
Fixed Assets 8.3% 8.3% 10.5%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 91.7% 91.7% 89.5%
Creditors Due Within One Year 32.3% 32.3% 42.2%
Net Current Assets Liabilities 59.4% 59.4% 47.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 67.7% 67.7% 57.8%
Capital Employed - - -
Total Assets Less Current Liabilities 67.7% 67.7% 57.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Liquidity Ratio 2.8 2.8 2.1
Solvency Ratio 3.1 3.1 2.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Assets 1,294 1,294 1,357
Debt 418 418 572
Net Assets/Debt 876 876 785

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet displays a very modest amount of net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet displays a very modest amount of net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet displays a very modest amount of net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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BURNGREAVE CARE & LEARNING LTD
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BURNGREAVE TUITION CENTRE LIMITED
72-76 Clun Street, Sheffield, S3 9QQ
VERDON STREET ENTERPRISES LIMITED
195A VERDON STREET, SHEFFIELD, S3 9QQ
HOLISTIC SOCIAL CARE LTD
72-76 Clun Street Clun Street, Sheffield, S3 9QQ
VERDON SPRINGBOARD PROJECT LIMITED
193-195 Verdon Street, Sheffield, S3 9QQ
Document Filings
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 15 March 2025 with no updates
Confirmation statement made on 15 March 2024 with no updates
Confirmation statement made on 15 March 2023 with no updates
Confirmation statement made on 15 March 2022 with no updates
Administrative restoration application
Final Gazette dissolved via compulsory strike-off
First Gazette notice for compulsory strike-off
Confirmation statement made on 15 March 2021 with no updates
Confirmation statement made on 15 March 2020 with no updates
Notification of Marlene Mohamed Usuf as a person with significant control on 4 January 2020
Cessation of Mona Mohammed Usuf as a person with significant control on 4 January 2020
Appointment of Ms Felson Tahir as a director on 4 January 2020
Termination of appointment of Mona Mohammed Usuf as a director on 4 January 2020
Termination of appointment of Ali Abdi as a director on 4 January 2020
Appointment of Miss Marlene Mohamed Usuf as a director on 29 May 2019
Confirmation statement made on 15 March 2019 with no updates
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