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Hwm Sports Cars Limited

00336727

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BRIDGE MOTOR WORKS, WALTON-ON-THAMES, KT12 1AT
Incorporated 10/02/1938

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr Neil Andrew Harting

director · Since 01/11/1996

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 9 other boards

Mr Neil Andrew Harting

secretary · Since 02/09/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 9 other boards

Mr Guy Norman Jenner

director · Since 24/02/2015

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Neil Anthony Hayfield

director · Since 07/03/2018

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Hwm Ltd

75–100% shares
75–100% votes

Bridge Motor Works, Hwm Of Walton On Thames, Bridge Street, Walton On Thames, KT12 1AT

Reg: 06794068 · Companies House · Private Company Limited By Shares

Notified 30/09/2021

Former PSCs

Burwater Holdings Limited

Ceased 30/09/2021

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 17/09/2020Registered 18/09/2020
charge
satisfied

BARCLAYS BANK PLC

Created 02/04/2011Registered 12/04/2011Satisfied 21/12/2018
charge
satisfied

BARCLAYS BANK PLC

Created 30/05/1996Registered 15/06/1996Satisfied 21/12/2018
charge
satisfied

BARCLAYS BANK PLC

Created 07/03/1996Registered 14/03/1996Satisfied 21/12/2018
charge
satisfied

VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED

Created 04/09/1995Registered 05/09/1995Satisfied 26/11/2003
charge
satisfied

MOBIL OIL COMPANY LTD

Created 20/12/1991Registered 08/01/1992Satisfied 25/06/2003
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 07/01/1986Registered 09/01/1986Satisfied 13/09/1994
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 07/01/1986Registered 09/01/1986Satisfied 25/06/2003
charge
satisfied

B L FINANCE LIMITED

Created 29/06/1983Registered 30/06/1983Satisfied 25/06/2003
charge
satisfied

BL FINANCE LIMITED

Created 29/06/1983Registered 30/06/1983Satisfied 25/06/2003
charge
satisfied

BARCLAYS BANK PLC

Created 22/03/1976Registered 07/04/1976Satisfied 25/06/2003
charge
satisfied

ESSO PETROLEUM COMPANY LTD

Created 26/01/1967Registered 27/01/1967Satisfied 25/06/2003
charge
satisfied

ESSO PETROLEUM COMPANY LTD

Created 27/11/1964Registered 01/12/1964Satisfied 25/06/2003

CompanyRankvs 325+ SIC 45111 peers
59

Financial strength91th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£38.3M

Annual revenue

Net Worth

£2.6M

Balance sheet strength

Cash

£640k

Cash in the bank

Profit Before Tax

£569k

Bottom line earnings

Net Current Assets

£2.5M

Working capital

Current Assets

£18.7M

Current Liabilities

£16.3M

Fixed Assets

£218k

Debtors

£5.3M

Cost of Sales

£36.5M

Gross Profit

£1.8M

Admin Expenses

£1.2M

Operating Profit

£590k

Profit After Tax

£451k

34avg. employees-2

Tax at Year End

Corp tax£126k
Dividends paid£350k

People Costs

Wages & salaries£1.3M
NI contributions£135k

Balance Sheet

Bank loans & overdrafts£130k
Assets less current liabilities£2.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15+£101k
20231.19-£95k
20221.35

Derived from filed accounts. Not audited figures.