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Goodmans Autos Limited

00734792

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

REAR OF 16-20 SHENLEY ROAD, BOREHAMWOOD, WD6 1DS
Incorporated 07/09/1962

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Ian Michael Neary

director · Since 28/11/2005

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Persons with Significant Control

Mr Ian Michael Neary

Significant control

British · England · Age 59

Rear Of 16-20 Shenley Road, Shenley Road, Borehamwood, WD6 1DS

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LEE WOOD

Created 16/07/2004Registered 21/07/2004
charge
satisfied

SHELL U.K. LIMITED

Created 23/06/1987Registered 07/07/1987Satisfied 23/11/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/03/1987Registered 24/03/1987Satisfied 27/10/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/01/1987Registered 29/01/1987Satisfied 27/10/2012

CompanyRankvs 1749+ SIC 45111 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£143k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£157k

Working capital

Current Assets

£105k

Current Liabilities

£262k

Fixed Assets

£16k

Debtors

£92k

10avg. employees+1

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities-£140k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40+£13k
20230.42-£37k
20220.59-£114k
20211.02-£35k
20201.42+£34k
20190.88-£2k
20180.88+£28k
20170.73

Derived from filed accounts. Not audited figures.