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TURNTIDE DRIVES LIMITED
Company no. 13224626 · Private Limited CompanyTURNTIDE DRIVES LIMITED is an active 5-year-old company. Worth a closer look: negative net assets and 2 outstanding charges. On the plus side, accounts filed and up to date.
Automated signals from Companies House filings and this company’s own filed accounts — a prompt for a closer look, not a credit score or a verdict. Verivello is not a credit reference agency.
Filed accounts — year to 31 Dec 2023
| Figure | Amount | vs 2022 |
|---|---|---|
| Profit before tax | −£8,346,259 | — |
| Profit for the year | −£7,403,154 | — |
| Current assets | £5,602,126 | ▲ +43% |
| Cash at bank | £867,972 | ▼ -29% |
| Debtors | £3,641,829 | ▲ +67% |
| Creditors | £28,927,942 | ▲ +42% |
| Net current assets | −£23,325,816 | ▼ -42% |
| Total assets less current liabilities | −£21,797,551 | ▼ -49% |
| Net assets | −£22,009,354 | — |
Figures taken directly from the accounts TURNTIDE DRIVES LIMITED filed at Companies House for the financial year ending 31 Dec 2023, read from the machine-readable (iXBRL) tags in the filing itself. Smaller companies may file abridged accounts, so not every figure above will be present for every business. Always check the full filing before relying on these numbers.
Property & land holdingsPremium
| Property | Tenure | Area |
|---|---|---|
| 227 Kingsway, Team Valley Trading Estate, Gateshead (NE11 0QJ) | Leasehold | Gateshead, Tyne And Wear |
Freehold and leasehold titles registered to this company in the HM Land Registry Commercial & Corporate Ownership Data. This covers registered land in England and Wales only, and reflects the register at the date of the extract — recent transactions may not appear.
Directors & officers
Ownership & control (PSC)
Filing position at Companies House. A company keeping accounts and its confirmation statement up to date is a basic sign of good order; anything overdue is worth a question.
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Every UK property this company owns at HM Land Registry — freehold and leasehold titles, tenure and price paid. The page above shows only the first few.
The whole picture — overview, directors, ownership, charges, multi-year financials and a risk summary — as a dated, shareable PDF you can attach to a file note.
Download the original filed accounts (PDF) and see every filed year’s figures side by side — turnover, profit, assets and equity across the full history, not just the latest year.
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Data from Companies House (official public register), presented by Verivello for information only — not a credit reference or financial advice. Always verify against the official source. Status & registered office checked live from Companies House · 12 Sep 2026, 17:44 UK.