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Charles Warner Limited

00536160

liquidation
Private Limited Company
england wales
Companies House
0 outstanding charges
Insolvency history
Health Score
N/A

Details

FORVIS MAZARS LLP, NOTTINGHAM, NG1 5DW
Incorporated 27/07/1954

Compliance

Last accounts

30/12/2022

total exemption full

Next accounts due

30/09/2024

Overdue

Confirmation statement

Last: 03/05/2024

Due 17/05/2025

Overdue

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr Michael Roland Seward Acis Fimi

secretary · Since 03/05/1992

ENGLISH · ENGLAND · Age 71

Also on 15 other boards

Mr Michael Roland Seward Acis Fimi

director · Since 03/05/1992

MANAGING DIRECTOR

ENGLISH · ENGLAND · Age 71

Also on 15 other boards

Mr Thomas Edward Warner

director · Since 18/01/1993

BODYSHOP MANAGER

ENGLISH · ENGLAND · Age 58

Also on 3 other boards

Mrs Claire Seward

director · Since 01/01/2014

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 68

Also on 1 other board

Persons with Significant Control

Cw Lincoln Ltd

75–100% shares

C/O Charles Warner Ltd, Outer Circle Road, Lincoln, LN2 4LD

Reg: 06926478 · Uk · Limited Company

Notified 06/04/2016

Charges0 outstanding

Guarantee & debenture
fully satisfied

Barclays Bank PLC

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

All monies due or to become due from the company and/or all or any of the companies named therein to the chargee on any account whatsoever

Created 02/02/2010Registered 10/02/2010Satisfied 19/10/2012
Floating charge over stock
fully satisfied

Lombard North Central PLC

All stocks of seddon atkinson commercial vehicles owned by the company from time to time.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 10/04/1987Registered 15/04/1987Satisfied 21/03/1990
Guarantee & debenture
fully satisfied

Barclays Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company and/or warner wood work limited to the chargee on any account whatsoever

Created 14/07/1985Registered 22/07/1983Satisfied 19/10/2012
Legal charge
fully satisfied

Barclays Bank PLC

F/H land at outer circle rd. Lincoln being on the west side of data circle rd. Lincoln lincs. T/n LL18765.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 26/10/1982Registered 05/11/1982Satisfied 19/10/2012
Charge
fully satisfied

Mercantile Wholesale (Vauxhall) Limited

All vauxhall vehicles formerly comprised in a consignment agreement of which the dealer is the owner and all the interest of the dealer (if any) on any such goods of which it is not the owner.

All monies due or to become due from the company to the chargee

Created 27/08/1980Registered 29/08/1980Satisfied 19/10/2012

Insolvency History1 case

creditors voluntary liquidation05/07/2024

Simon David Chandler (practitioner) · Scott Christian Bevan (practitioner)

CompanyRankvs 940+ SIC 45111 peers
75

Financial strength87th percentile among SIC peers · 22/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 9.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/12/2022

Turnover

£4.2M

Annual revenue

Net Worth

£1.4M

Balance sheet strength

Cash

£701k

Cash in the bank

Profit Before Tax

£298k

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£1.5M

Current Liabilities

£152k

Fixed Assets

£65k

Debtors

£214k

Cost of Sales

£4.0M

Gross Profit

£214k

Admin Expenses

-£63k

Operating Profit

£298k

Profit After Tax

£306k

17avg. employees

Tax at Year End

Dividends paid-£100k

People Costs

Wages & salaries£500k
NI contributions£37k

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20229.74+£306k
20216.36-£253k
202011.95+£26k
20197.15+£64k
20186.82

Derived from filed accounts. Not audited figures.