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Thunder Road Motorcycles Ltd

00535530

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O AZETS HOLDINGS LIMITED 5TH FLOOR SHIP CANAL HOUSE, MANCHESTER, M2 4WU
Incorporated 08/07/1954

Compliance

Last accounts

31/03/2023

audit exemption subsidiary

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 01/04/2024

Due 15/04/2025

Overdue

Industry

45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Robert Gordon Ayland

director · Since 01/03/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Mr David James Sear-Mayes

director · Since 01/03/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 78 other boards

Mr George Ayland

director · Since 29/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 2 other boards

Mr James Ayland

director · Since 29/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 1 other board

Persons with Significant Control

Completely Motoring Limited

75–100% shares

4 Vernon Court, Cheltenham Road East, Gloucester, GL2 9QG

Reg: 7177616 · England And Wales · Limited Company

Notified 29/03/2022

Former PSCs

Mr Iestyn David Mobberley

Ceased 29/03/2022

Mr David Peter Smith

Ceased 29/03/2022

Charges2 outstanding

Charge
outstanding

SANTANDER CONSUMER (UK) PLC

Created 10/08/2022Registered 10/08/2022
Charge
outstanding

INVESTEC BANK PLC

Created 01/03/2022Registered 03/03/2022
charge
satisfied

HSBC BANK PLC

Created 22/06/2012Registered 28/06/2012Satisfied 22/02/2022
charge
satisfied

MIDLAND BANK PLC

Created 30/11/1998Registered 16/12/1998Satisfied 22/12/2021
charge
satisfied

MIDLAND BANK PLC

Created 16/12/1994Registered 23/12/1994Satisfied 22/12/2021
charge
satisfied

LLOYDS BANK LTD

Created 21/06/1972Registered 22/06/1972Satisfied 12/08/1996

Insolvency History1 case

in administration

Jonathan Amor (practitioner) · Matthew Richards (practitioner) · Alessandro Sidoli (practitioner)

CompanyRankvs 15+ SIC 45400 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.82× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity16/20 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

Insolvency history: -10 pts

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

Going Concern Doubt

or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other Information The other information comprises the information in

Key FinancialsYear ending 31/12/2018

Turnover

£13.6M

Annual revenue

Net Worth

£2.8M

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

£95k

Bottom line earnings

Net Current Assets

£1.9M

Working capital

Current Assets

£4.3M

Current Liabilities

£2.3M

Fixed Assets

£1.1M

Debtors

£172k

Cost of Sales

£11.5M

Gross Profit

£2.1M

Admin Expenses

£1.1M

Operating Profit

£105k

Profit After Tax

£74k

77avg. employees

Tax at Year End

Corp tax£17k
Dividends paid£108k

Director Loans

Company owes directors£24k

People Costs

Wages & salaries£1.7M
NI contributions£148k

Balance Sheet

Intangible assets£13k
Assets less current liabilities£3.0M
Prepared with Sage Accounts Production 18.30 Update 1 - FRS

EstimatesDerived

YearCurrent Ratio
20181.82

Derived from filed accounts. Not audited figures.