Turbine Services Limited

Other engineering activities · Ipswich

ActiveUnited KingdomIncorporated 1980Private Limited Company

Financial position

Accounts to 2025-12-31 · Company accounts

Net assets

£5,311,223

Cash

£2,177,720

Turnover

£16,791,471

Profit / loss

−£922,392

Current assets

£15,393,525

Creditors < 1 year

£10,861,785

Equity

£5,311,223

Average employees

Currency not tagged · company

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures	2025-12-31Company · AI-read	2024-12-31Company · AI-read
Balance sheet
Net assets	5,311,223	6,233,615
Equity	5,311,223	6,233,615
Share capital	8,032,015	8,032,015
Retained earnings	-3,907,722	-2,985,330
Assets
Fixed assets	2,687,873	443,427
Property, plant & equipment	2,686,873	442,427
Investments	1,000	1,000
Current assets	15,393,525	14,931,576
Cash at bank	2,177,720	2,697,775
Debtors	7,239,309	6,747,839
Stock	5,708,864	5,218,330
Liabilities
Creditors within one year	10,861,785	8,641,388
Creditors after one year	1,908,390	500,000
Net current assets	4,531,740	6,290,188
Assets less current liabilities	7,219,613	6,733,615
Profit & loss
Turnover	16,791,471	18,499,631
Cost of sales	14,008,638	15,666,569
Gross profit	2,782,833	2,833,062
Administrative expenses	3,535,787	3,053,908
Other operating income	274	—
Operating profit	-752,680	-220,846
Interest receivable	35,580	17,910
Interest payable	205,292	45,930
Profit before tax	-922,392	-248,866
Profit / loss	-922,392	-248,866
Operating costs
Audit fees	66,000	51,000
People & pay
Average employees	29	32
Staff costs	3,460,994	3,549,574
Wages & salaries	2,968,520	3,085,111
Social security costs	332,334	288,028
Pension costs	160,140	176,435
Directors' remuneration	402,907	512,449
Highest paid director	239,077	261,107
Source evidence	View filing	View filing

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Subsidiaries (1)

Chromalloy Gulf · 100% · UAE; Dubai Airport Free Zone Office No. 7WA 1009, United Arab Emirates · Repair service for industrial gas turbines

Turnover by segment (16)

United Kingdom: 5,382,846 (2025-12-31)
Africa and Middle East: 462,549 (2025-12-31)
Australia and Far East: 2,787,806 (2025-12-31)
North America: 3,785,762 (2025-12-31)
Rest of Europe: 1,347,242 (2025-12-31)
Central and South America: 3,025,266 (2025-12-31)
United Kingdom: 6,553,413 (2024-12-31)
Africa and Middle East: 2,660,061 (2024-12-31)
Australia and Far East: 4,066,363 (2024-12-31)
North America: 2,204,336 (2024-12-31)
Rest of Europe: 1,937,550 (2024-12-31)
Central and South America: 1,077,908 (2024-12-31)
Spare Parts and Component Repairs: 9,659,690 (2025-12-31)
Field Service and Engineering Services: 7,131,781 (2025-12-31)
Spare Parts and Component Repairs: 8,677,852 (2024-12-31)
Field Service and Engineering Services: 9,821,779 (2024-12-31)

Events after the year end (2)

Prior to the year end, a resolution was passed to liquidate the Company’s wholly owned subsidiary, Chromalloy Gulf FZCO. Subsequent to the year end, a solvent liquidation was completed.
Trade balances previously owed to Chromalloy Gulf FZCO by third parties have been assigned to the Company in settlement of the receivable; management assessed these balances as fully recoverable.