Turntide Drives Limited
Turntide Drives Limited is an active company incorporated on 25 February 2021 with the registered office located in Gateshead, Tyne and Wear. Turntide Drives Limited was registered 4 years ago.
Status
Active
Active since incorporation
Company No
13224626
Private limited company
Age
4 years
Incorporated 25 February 2021
Size
Unreported
Confirmation
Submitted
Dated 24 February 2025 (6 months ago)
Next confirmation dated 24 February 2026
Due by 10 March 2026 (6 months remaining)
No changes occurred since incorporation
Accounts
Submitted
For period 1 Jan ⟶ 31 Dec 2023 (12 months)
Accounts type is Full
Next accounts for period 31 December 2024
Due by 31 December 2025 (3 months remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Financials
Net Assets, Total Assets & Total Liabilities (2021–2023)
Period Ended
31 Dec 2023
For period 31 Dec ⟶ 31 Dec 2023
Traded for 12 months
Cash in Bank
£868K
Decreased by £359K (-29%)
Turnover
£9.48M
Increased by £9.48M (%)
Employees
97
Decreased by 3 (-3%)
Total Assets
£7.13M
Increased by £1.41M (+25%)
Total Liabilities
-£29.14M
Increased by £8.81M (+43%)
Net Assets
-£22.01M
Decreased by £7.4M (+51%)
Debt Ratio (%)
409%
Increased by 53.57% (+15%)
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Repayment History
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