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Auto Sales(Southsea)Limited

00633541

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

81 HIGH STREET, COSHAM, PO6 3BL
Incorporated 27/07/1959

Compliance

Last accounts

28/12/2024

total exemption full

Next accounts due

28/09/2026

On track

Confirmation statement

Last: 11/05/2025

Due 25/05/2026

On track

Industry

30110
Building of ships and floating structures
47789
Other retail sale of new goods in specialised stores

Officers

James Christopher Downing

director · Since 02/04/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

James Christopher Downing

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

British · United Kingdom · Age 64

81, High Street, Cosham, PO6 3BL

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 29/12/1982Registered 07/01/1983Satisfied 11/05/1995
charge
satisfied

LLOYDS BANK PLC

Created 10/05/1977Registered 18/05/1977Satisfied 18/06/1991
charge
satisfied

LLOYDS BANK PLC

Created 20/06/1973Registered 22/06/1973Satisfied 18/06/1991
charge
satisfied

LLOYDS BANK PLC

Created 10/02/1969Registered 17/02/1969Satisfied 18/06/1991
charge
satisfied

LLOYDS BANK PLC

Created 25/04/1960Registered 26/04/1960Satisfied 18/06/1991

CompanyRankvs 204+ SIC 30110 peers
41

Financial strength7th percentile among SIC peers · 2/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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 28/12/2024

Net Worth

-£44k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£50k

Working capital

Current Assets

£5k

Current Liabilities

£55k

Fixed Assets

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£44k
Signed by Mr J C Downing 11/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09+£10k
20230.03+£9k
2022+£2k
2021+£2k
2020-£252
2019-£8k
2018-£5k

Derived from filed accounts. Not audited figures.