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Cordwallis Commercials (Maidenhead) Limited

00988751

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

CORDWALLIS, MAIDENHEAD, SL6 7BE
Incorporated 07/09/1970

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/12/2025

Due 15/12/2026

On track

Industry

45190
Sale of other motor vehicles

Officers

Mr Ian Hanbury William Thomas

secretary · Since 31/12/1991

BRITISH · UNITED KINGDOM · Age 77

Also on 23 other boards

Mr Ian Hanbury William Thomas

director · Since 31/12/1991

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 77

Also on 23 other boards

Mr Robert Zubovic

director · Since 14/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Jake Law

director · Since 01/01/2025

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Lisa Thomas

director · Since 01/01/2025

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Ian Hanbury William Thomas

25–50% shares

British · United Kingdom · Age 77

Cordwallis, Cordwallis Street, Maidenhead, SL6 7BE

Notified 06/04/2016

Former PSCs

Mr Simon Roy Thomas

Ceased 19/08/2022

Charges6 outstanding

A registered charge
satisfied

VOLKSWAGEN BANK GMBH T/A VOLKSWAGEN BANK UNITED KINGDOM BRANCH

LEGAL CHARGE

Created 19/01/2010Registered 29/07/2026Satisfied 29/07/2026
charge
outstanding

HSBC BANK PLC

Created 15/10/2010Registered 19/10/2010
charge
outstanding

VOLKSWAGEN BANK GMBH T/A VOLKSWAGEN BANK UNITED KINGDOM BRANCH

Created 19/01/2010Registered 01/02/2010
charge
outstanding

VOLKSWAGEN BANK GMBH TRADING AS VOLKSWAGEN BANK UNITED KINGDOM BRANCH

Created 19/01/2010Registered 01/02/2010
charge
outstanding

VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED

Created 21/01/2000Registered 24/01/2000
charge
outstanding

MIDLAND BANK PLC

Created 07/10/1996Registered 17/10/1996
charge
outstanding

MIDLAND BANK PLC

Created 22/01/1985Registered 25/01/1985

CompanyRankvs 230+ SIC 45190 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.19× · 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.

Employees15/15 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 directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£7.3M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Profit Before Tax

£716k

Bottom line earnings

Net Current Assets

£2.0M

Working capital

Current Assets

£12.7M

Current Liabilities

£10.7M

Fixed Assets

£5.7M

Debtors

£2.6M

Cost of Sales

£30.1M

Admin Expenses

£4.0M

Profit After Tax

£571k

146avg. employees+4

Tax at Year End

Corp tax£146k
Dividends paid£10k

People Costs

Wages & salaries£6.0M

Balance Sheet

Intangible assets£0
Assets less current liabilities£7.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.19+£491k
20231.22

Derived from filed accounts. Not audited figures.