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Worthing Motors Limited

00372181

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

83 CAMBRIDGE ST, SW1V 4PS
Incorporated 31/01/1942

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Geoffrey Poxon

director · Since 31/01/1992

MOTOR ENGINEER

BRITISH · UNITED KINGDOM · Age 79

Also on 3 other boards

Richard Geoffrey Poxon

secretary · Since 23/01/1996

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Richard Geoffrey Poxon

director · Since 01/05/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Victoria Kate Poxon

director · Since 01/07/2004

GENERAL ADMINISTRATOR AUDITOR

BRITISH · UNITED KINGDOM · Age 55

Leo Heslop

director · Since 01/10/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Sophie Kate Poxon

director · Since 01/06/2016

NONE

BRITISH · ENGLAND · Age 26

Persons with Significant Control

Mr Geoffrey Poxon

75–100% shares
75–100% votes
Appoint directors

British · England · Age 79

83 Cambridge St, SW1V 4PS

Notified 06/04/2016

Mr Richard Geoffrey Poxon

Significant control

British · England · Age 56

83 Cambridge St, SW1V 4PS

Notified 20/10/2016

Charges3 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 08/04/2021Registered 08/04/2021Satisfied 04/01/2025
charge
outstanding

LLOYDS TSB BANK PLC

Created 07/07/2006Registered 08/07/2006
charge
outstanding

PSA WHOLESALE LIMITED

Created 12/08/2002Registered 17/08/2002
charge
outstanding

LLOYDS BANK PLC

Created 08/12/1993Registered 15/12/1993
charge
satisfied

PSA WHOLESALE LIMITED

Created 29/04/1988Registered 09/05/1988Satisfied 20/09/1994
charge
satisfied

TALBOT WHOLESALE LIMITED

Created 31/12/1981Registered 12/01/1982Satisfied 09/05/1987
charge
satisfied

NATIONAL WESTMINSTER BANK LTD

Created 02/10/1978Registered 09/10/1978Satisfied 16/06/1994
charge
satisfied

NATIONAL WESTMINSTER BANK LTD

Created 18/04/1978Registered 04/05/1978Satisfied 25/02/1997

CompanyRankvs 740+ SIC 45111 peers
59

Financial strength52th percentile among SIC peers · 13/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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9Arthur Bassett & Co. Limited
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10Piccadilly Motors Limited
89
740Worthing Motors Limited
69
How is this score calculated?
Financial strength13/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£16k

Balance sheet strength

Cash

£394k

Cash in the bank

Net Current Assets

£515k

Working capital

Current Assets

£2.3M

Current Liabilities

£1.7M

Fixed Assets

£362k

Debtors

£195k

28avg. employees-5

Tax at Year End

Corp tax£50k

Balance Sheet

Assets less current liabilities£876k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.29+£0
20231.20+£0
20221.24+£0
20211.29+£0
20201.16+£0
20191.14+£0
20171.17—

Derived from filed accounts. Not audited figures.