TURBINE SERVICES LIMITED
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Cash
£1.6m
USD 2,177,720
-24.7% vs 2024
Net assets
£3.9m
USD 5,311,223
-20.6% lowest in 3 filed years
Employees
29
-9.4% lowest in 3 filed years
Profit before tax
-£685k
USD -922,392
-245.6% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £20,395,915 | £14,724,316 | £12,461,203 | -15.4% | |
| Operating profit | £1,188,903 | -£175,777 | -£558,575 | -217.8% | |
| Profit before tax | -£528,764 | -£198,079 | -£684,521 | -245.6% | |
| Net profit | -£528,764 | -£198,079 | -£684,521 | -245.6% | |
| Cash | £1,069,828 | £2,147,226 | £1,616,119 | -24.7% | |
| Total assets less current liabilities | £5,085,096 | £5,359,452 | £5,357,783 | 0% | |
| Net assets | £5,085,096 | £4,961,489 | £3,941,538 | -20.6% | |
| Equity | £5,085,096 | £4,961,489 | £3,941,538 | -20.6% | |
| Average employees | 36 | 32 | 29 | -9.4% | |
| Wages | £2,924,883 | £2,455,517 | £2,202,983 | -10.3% | |
| Directors' remuneration | £322,662 | £407,871 | £299,003 | -26.7% | |
| Directors' pension contributions | £26,782 | £32,524 | £21,283 | -34.6% | |
| Highest paid director | £209,422 | £226,454 | £190,117 | -16% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 5.8% | -1.2% | -4.5% | |
| Net margin | -2.6% | -1.3% | -5.5% | |
| Return on capital employed | 23.4% | -3.3% | -10.4% | |
| Gearing (liabilities / total assets) | 34.3% | 59.5% | 70.6% | |
| Current ratio | 2.80x | 1.73x | 1.42x | |
| Interest cover | 55.19x | -4.81x | -3.67x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- TURBINE SERVICES LIMITED 1988-04-21 → present
- CHROMALLOY AEROSERVICES LIMITED 1981-12-31 → 1988-04-21
- FORGELYNN LIMITED 1980-12-29 → 1981-12-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Armstrong Watson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As a wholly owned subsidiary of Chromalloy Corporation, Turbine Services Limited relies upon group facilities to support its activities. Chromalloy Corporation has written to the Company confirming that it is able to provide support, should it be necessary, for 12 months following the date of signing.”
Group structure
- TURBINE SERVICES LIMITED · parent
- Chromalloy Gulf 100%
Significant events
- “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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIRKETTS SECRETARIES LIMITED | Corporate Secretary | 2025-05-01 | — | — |
| BATTERSBY, Patrick | Director | 2024-09-22 | Jun 1973 | British |
| SANDERS, Amanda Balog | Director | 2026-07-09 | Sep 1975 | American |
| SOCKALINGAM, Ragavan | Director | 2026-04-21 | Oct 1962 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Julia Diane | Secretary | 2008-05-22 | 2011-05-27 |
| KAPLAN, David | Secretary | 2011-05-27 | 2023-01-13 |
| KAPLAN, David | Secretary | 2005-10-19 | 2008-05-22 |
| KITTS, Stephen | Secretary | 1997-08-27 | 2004-05-13 |
| SANDERS, Amanda Balog | Secretary | 2011-08-12 | 2025-05-01 |
| EVERSECRETARY LIMITED | Corporate Secretary | 2004-05-13 | 2005-10-19 |
| GRAY'S INN SECRETARIES LIMITED | Corporate Nominee Secretary | — | 1997-03-14 |
| BARKER, Steven Ivor | Director | 1992-03-19 | 2003-07-03 |
| BINDER, Kenneth Joseph | Director | 2000-03-31 | 2006-02-17 |
| GARTSHORE, Derek Alexander | Director | 2016-02-18 | 2022-08-12 |
| GOLDSHTEIN, Moshe | Director | 2003-07-03 | 2012-05-01 |
| HOWARD, Peter | Director | 2006-02-27 | 2009-09-29 |
| JERRAM, Paul Anthony | Director | 2018-04-06 | 2020-06-22 |
| LUZZATTO, Carlo | Director | 2012-05-01 | 2018-04-01 |
| MACFARLANE, William Clark | Director | 2003-07-08 | 2006-01-23 |
| MACKENZIE, Kenneth Graham | Director | 2021-12-06 | 2026-02-28 |
| MAHOMED, Irfan Harun Ayub | Director | 2022-08-05 | 2026-04-08 |
| MENCZER, Kirk Michael | Director | — | 1992-03-19 |
| NICOL, Scott Christopher | Director | 2008-05-12 | 2012-11-29 |
| PHILLIPS, David Pert | Director | 2015-01-13 | 2024-09-21 |
| SAUL, Jens Peter | Director | 2006-01-23 | 2008-08-22 |
| SIGMUND, Neil Thomas | Director | 2003-07-08 | 2009-07-29 |
| TAYLOR, Graham Steven | Director | 2012-11-29 | 2014-09-25 |
| WATSON, Martin | Director | 2009-10-26 | 2011-05-06 |
| WINTON, Stephen Andrew | Director | 2002-05-14 | 2008-05-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Chromalloy Holding Ii Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-09-05 | Active |
| Chromalloy United Kingdom Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-09-05 |
Filing timeline
Last 20 of 210 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-09-18 | CH01 | officers | Change person director company with change date | |
| 2026-09-16 | AA | accounts | Accounts with accounts type full | |
| 2026-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-09-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-20 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-05-07 | CH01 | officers | Change person director company with change date | |
| 2025-05-07 | CH01 | officers | Change person director company with change date | |
| 2025-05-01 | AD04 | address | Move registers to registered office company with new address | |
| 2025-05-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-01 | CH01 | officers | Change person director company with change date | |
| 2025-05-01 | CH01 | officers | Change person director company with change date | |
| 2025-05-01 | CH01 | officers | Change person director company with change date | |
| 2025-05-01 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-05-01 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.