UPTURN ENTERPRISE LIMITED
Company number 05257089 · Monitor this company
Executive summary
Upturn Enterprise Limited presents a conditional credit proposition. The balance sheet is fundamentally sound with net assets of £394k, minimal leverage, and exceptional liquidity (current ratio 9.18x), supported by a 20-year trading history. However, the 2025 financial year reveals a concerning deterioration — a £57k decline in net assets indicating an operating loss, coupled with a £115k cash outflow and a tripling of trade debtors to £134k that demands explanation. Credit approval should be conditional on management providing clarity on the loss drivers, debtor collectability, and forward cash flow projections demonstrating debt serviceability.
Shareholders' funds
£394,366
Balance sheet as at 2025-10-31
Overview
- Company type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
- Incorporated
- 2004-10-12
- Employees
- 21 (2025 accounts · was 16 in 2024)
- Registered office
- Hive Upper Mall, Spindles Shopping Centre, Oldham, England, OL1 1LF
- Postcode
- OL1 1LF
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2025-09-06
- Next due by
- 2026-09-20
Nature of business (SIC)
- 62012 Business and domestic software development
- 70229 Management consultancy activities other than financial management
- 78109 Other activities of employment placement agencies
- 85590 Other education not elsewhere classified
Officers 5 current · 7 resigned
Public contracts won 3
£5,306,666 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Data protection registration
Registered with the ICO as a data protection fee payer — Z2144609 (Tier 1), registered since 2010.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- upturn.org.uk
- Phone
- 011 6114 5741, 0161 652 9000
Unlocking diverse talents and creating long-term progression.
Previous registered addresses 5
| Address | Changed on |
|---|---|
| 18 WATERLOO STREET, OLDHAM, OL1 1SQ, UNITED KINGDOM | 2012-06-27 |
| C11 FALCON BUSINESS CENTRE, VICTORIA STREET CHADDERTON, OLDHAM, LANCASHIRE, OL9 0HB | 2009-12-10 |
| E4 FALCON BUSINESS CENTRE, VICTORIA STREET CHADDERTON, OLDHAM, LANCASHIRE, OL9 0HB | 2009-05-11 |
| 12 BELFAIRS CLOSE, ASHTON U LYNE, LANCASHIRE, OL7 9TE | 2008-11-05 |
| 119 UNION STREET, OLDHAM, GREATER MANCHESTER, OL1 1TE | 2008-09-18 |
Among its peers
Top 10%
by shareholders' funds, of 151 similar companies in OL
3rd largest employer among its local peers (21 staff).
Among the oldest 25% of its local peers, trading since 2004.
No.9 of the largest business and domestic software development companies in Oldham →
Competitors Oldham
-
5. BREAKOUT LTD
This company ranks 9 among business and domestic software development in Oldham.
The class of 2004
47%
of the 985 companies in this sector incorporated in 2004 are still active today; 50% have since been dissolved.
A fact about the year, not a forecast for this company.