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Neath Coachbuilders Limited

01013414

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

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

Details

EURO COMMERCIALS (SOUTH WALES) LIMITED, CARDIFF, CF23 9AQ
Incorporated 04/06/1971

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/04/2026

Due 27/04/2027

On track

Industry

29201
Manufacture of bodies for motor vehicles

Officers

Mr Jeffrey Carne

director · Since 03/04/2024

DIRECTOR

BRITISH · WALES · Age 56

Also on 9 other boards

Mr Andrew Gavin Hole

director · Since 03/04/2024

DIRECTOR

BRITISH · WALES · Age 48

Also on 6 other boards

Mr Barry Kidd

director · Since 03/04/2024

DIRECTOR

BRITISH · WALES · Age 59

Also on 7 other boards

Persons with Significant Control

Euro Commercials (South Wales) Limited

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

Euro Commercials (South Wales) Limited, Ipswich Road, Cardiff, CF23 9AQ

Reg: 01459115 · Companies House · Private Company Limited By Shares

Notified 03/04/2024

Former PSCs

Mr Paul Simon Oakley

Ceased 03/04/2024

Mrs Sandra Oakley

Ceased 03/04/2024

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 03/04/2024Registered 10/04/2024
charge
satisfied

BARCLAYS BANK PLC

Created 03/07/2003Registered 08/07/2003Satisfied 26/10/2020
charge
satisfied

INDUSTRIAL PROPERTY INVESTMENT FUND

Created 01/04/2003Registered 04/04/2003Satisfied 26/10/2020
charge
satisfied

BARCLAYS BANK PLC

Created 18/05/1982Registered 18/05/1982Satisfied 26/10/2020
charge
satisfied

THE WELSH DEVELOPMENT AGENCY

Created 07/10/1977Registered 13/10/1977Satisfied 26/10/2020

CompanyRankvs 10+ SIC 29201 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.77× · 20/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

£1.7M

Balance sheet strength

Cash

£658k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.4M

Current Liabilities

£855k

Fixed Assets

£390k

Debtors

£979k

31avg. employees+1

Tax at Year End

Corp tax£50k

Director Loans(2023)

Directors owe company£254k

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.77+£193k
20232.41+£293k£3.2M
20223.94+£98k£1.4M
20212.20-£162k£1.3M
20202.63+£649k£2.8M
20192.09-£40k£1.9M
20182.35£1.7M

Derived from filed accounts. Not audited figures.