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Paddington Motor Springs Limited

00556225

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 46 STADIUM BUSINESS CENTRE, WEMBLEY, HA9 0AT
Incorporated 20/10/1955

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

James Joseph Mullen

secretary · Since 01/05/1992

IRISH · Age 71

Also on 3 other boards

James Joseph Mullen

director · Since 01/05/1992

COMPANY DIRECTOR

IRISH · Age 71

Also on 3 other boards

Darren David Neil

director · Since 10/03/2016

SPRING MANUFACTURER

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Darren David Neil

25–50% shares
25–50% votes

British · United Kingdom · Age 49

Unit 46, Stadium Business Centre, Wembley, HA9 0AT

Notified 08/05/2019

Charges0 outstanding

charge
satisfied

AIB GROUP (UK) PLC

Created 28/01/2000Registered 04/02/2000Satisfied 22/04/2010
charge
satisfied

AIB GROUP (UK) PLC

Created 28/01/2000Registered 04/02/2000Satisfied 22/04/2010

CompanyRankvs 43491+ SIC 82990 peers
68

Financial strength87th percentile among SIC peers · 22/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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43491Paddington Motor Springs Limited
64
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.

Employees10/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

£160k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£62k

Current Liabilities

£94k

Fixed Assets

£197k

Debtors

£45k

2avg. employees

Tax at Year End

Corp tax£27k

Balance Sheet

Assets less current liabilities£165k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.66+£0
20250.66-£33k
20240.91-£7k
20230.90-£16k
20221.00-£17k
20211.07-£1k
20201.02+£6k
20190.90—

Derived from filed accounts. Not audited figures.