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Tractor Spares,Limited

00362219

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

TRACTOR SPARES LIMITED, WILLENHALL, WV13 3RN
Incorporated 05/07/1940

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 18/02/2026

Due 04/03/2027

On track

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Charles George Weight (Junior)

director · Since 27/04/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 8 other boards

Persons with Significant Control

Peter Alexis Weight

25–50% shares
25–50% votes

British · United Kingdom · Age 66

Lilac Cottage, 110 Gorsey Bank, Shifnal, TF11 8JQ

Notified 06/04/2016

Mr Charles George Weight (Junior)

25–50% shares
25–50% votes

British · United Kingdom · Age 66

Tractor Spares Limited, Willenhall, WV13 3RN

Notified 06/04/2016

Charges5 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 10/06/2011Registered 11/06/2011
charge
outstanding

BARCLAYS BANK PLC

Created 11/04/1996Registered 18/04/1996
charge
outstanding

BARCLAYS BANK PLC

Created 11/04/1996Registered 17/04/1996
charge
outstanding

BARCLAYS BANK PLC

Created 11/04/1996Registered 17/04/1996
charge
satisfied

BARCLAYS BANK PLC

Created 02/07/1980Registered 15/01/1980Satisfied 02/05/1990
charge
outstanding

BARCLAYS BANK PLC

Created 05/02/1958Registered 25/02/1958

CompanyRankvs 1175+ SIC 68201 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1175Tractor Spares,Limited
72
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£2.4M

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£327k

Working capital

Current Assets

£34k

Current Liabilities

£362k

Fixed Assets

£2.9M

Debtors

£19k

4avg. employees

Balance Sheet

Assets less current liabilities£2.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£93k
20230.26+£34k
20220.11-£64k
20210.28-£420k
20200.38-£22k
20190.21+£2.6M
20181.99—

Derived from filed accounts. Not audited figures.