{"name":"NEWTURN DEVELOPMENTS LIMITED","company_number":"12956609","status":"Active","type":"Private Limited Company","incorporated":"2020-10-16","dissolved":null,"registered_office":"Unit 4 City Limits, Danehill, Reading, Berkshire, England, RG6 4UP","postcode":"RG6 4UP","sic_codes":[{"code":68100,"description":"Buying and selling of own real estate"}],"principal_activity":"68100","previous_names":[],"warnings":[],"accounts":{"category":"Micro","year_end":"31 October","last_made_up_to":"2024-10-31","next_due":"2026-10-31"},"employees":{"count":3,"accounts_date":"2024-10-31"},"financials":[{"financial_date":"2024-10-31","net_assets":-412657,"average_employees":3},{"financial_date":"2023-10-31","net_assets":45266,"average_employees":3},{"financial_date":"2022-10-31","net_assets":-82254,"cash":65251},{"financial_date":"2021-10-31","net_assets":-1338,"cash":2364}],"officers":{"current":2,"resigned":0,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":null,"outstanding":null},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Newturn Developments Limited has demonstrated a positive turnaround in financial position with improved liquidity and net assets in its latest year. However, significant related party borrowing and high gearing present risks that require close monitoring. Conditional approval is recommended, contingent upon regular review of cash flows and debt servicing capacity.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/newturn-developments","people":"https://www.companiesintheuk.co.uk/company/newturn-developments/people","filing_history":"https://www.companiesintheuk.co.uk/company/newturn-developments/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/12956609","financials":"https://www.companiesintheuk.co.uk/company/newturn-developments/financial","control":"https://www.companiesintheuk.co.uk/company/newturn-developments/control","charges":"https://www.companiesintheuk.co.uk/company/newturn-developments/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/newturn-developments/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/newturn-developments"}