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Silverlake Garage (Motor Salvage) Limited

00624778

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

SILVERLAKE GARAGE, SHEDFIELD, SO32 2HL
Incorporated 02/04/1959

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/12/2024

Due 15/12/2025

Overdue

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Allen William Frederick Prebble

director · Since 31/12/1992

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 3 other boards

Ms Denise Small

secretary · Since 28/10/2013

Persons with Significant Control

Mr Allen William Frederick Prebble

75–100% shares
75–100% votes

British · United Kingdom · Age 64

Bridge House, Botley Road, Southampton, SO30 2HB

Notified 06/04/2016

Mrs Jennifer Stride

Significant control

British · United Kingdom · Age 72

Cornerways, Church Lane, Southampton, SO32 2DR

Notified 06/04/2016

Mrs Paula Prebble

Significant control

British · United Kingdom · Age 63

Bridge House, Botley Road, Southampton, SO30 2HB

Notified 06/04/2016

Former PSCs

Ms Denise Small

Ceased 11/12/2020

Charges8 outstanding

Charge
outstanding

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Created 11/11/2005Registered 16/11/2005
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LLOYDS TSB BANK PLC

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outstanding

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Created 28/10/2005Registered 01/11/2005
charge
outstanding

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Created 28/10/2005Registered 01/11/2005

CompanyRankvs 2027+ SIC 45112 peers
57

Financial strength100th percentile among SIC peers · 25/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees10/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/03/2025

Net Worth

£12.0M

Balance sheet strength

Cash

£824k

Cash in the bank

Profit Before Tax

£922k

Bottom line earnings

Net Current Assets

£686k

Working capital

Current Assets

£5.4M

Current Liabilities

£4.8M

Fixed Assets

£15.9M

Debtors

£3.2M

Cost of Sales

£26.4M

Admin Expenses

£12.8M

Profit After Tax

£688k

2avg. employees-141

Tax at Year End

Corp tax£348k
Dividends paid£300k

People Costs

Wages & salaries£5.8M

Balance Sheet

Intangible assets£50k
Bank loans & overdrafts£3.0M
Assets less current liabilities£16.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.14+£88k
20241.48+£732k
20231.52+£2.1M
20221.39+£1.8M
20211.35+£296k
20201.26+£741k
20191.10+£682k
20171.11

Derived from filed accounts. Not audited figures.