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Wolverhampton Truck Rental Limited

00816746

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

SATURN SERVICE STATION, WOLVERHAMPTON, WV10 0DS
Incorporated 21/08/1964

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/12/2025

Due 05/01/2027

On track

Industry

49410
Freight transport by road
77120
Renting and leasing of trucks

Officers

Mr Lawrence Ernest Chitty

director · Since 07/01/1992

COMPANY EXECUTIVE

BRITISH · UNITED KINGDOM · Age 81

Also on 2 other boards

Mr Edward Andrew Chitty

director · Since 01/01/2005

ENGINEER

ENGLISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Transco (Wolverhampton) Limited

75–100% shares

Regent House, Bath Avenue, Wolverhampton, WV1 4EG

Reg: 02569821 · England And Wales · Limited Company

Notified 06/04/2016

Mr Edward Andrew Chitty

Significant control

English · England · Age 45

Saturn Service Station, 33 Wednesfield Road, Wolverhampton, WV10 0DS

Notified 06/04/2016

Mr Lawrence Ernest Chitty

Significant control

British · United Kingdom · Age 81

Saturn Service Station, 33 Wednesfield Road, Wolverhampton, WV10 0DS

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 30/06/1982Registered 08/07/1982

CompanyRankvs 26405+ SIC 49410 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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26405Wolverhampton Truck Rental Limited
45
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

-£89k

Balance sheet strength

Cash

£446

Cash in the bank

Net Current Assets

-£90k

Working capital

Current Assets

£54k

Current Liabilities

£143k

Fixed Assets

£190

Debtors

£39k

3avg. employees

Balance Sheet

Assets less current liabilities-£89k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38-£53k
20230.59-£20k
20220.77-£18k
20211.05—

Derived from filed accounts. Not audited figures.