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Grenson Motor Company Limited

01325746

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 7 outstanding charges (-10)

Details

ACORN GROUP LTD CANNOCK ROAD, BURNTWOOD, WS7 1JS
Incorporated 16/08/1977

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr Stephen John Mills

director · Since 10/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 56

Mr James William Platt

director · Since 10/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr David York Vickers

director · Since 10/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Vm Automotive Limited

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

Acorn Motor Group Ltd, Cannock Road, Burntwood, WS7 1JS

Reg: 11164111 · Uk Companies Registry · Private Company Limited By Shares

Notified 19/02/2020

Former PSCs

Mr John Stanley Middleton

Ceased 19/02/2020

Charges7 outstanding

Charge
outstanding

HYUNDAI CAPITAL UK LIMITED

Created 09/05/2025Registered 12/05/2025
Charge
outstanding

HYUNDAI CAPITAL UK LIMITED

Created 11/01/2023Registered 11/01/2023
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outstanding

BARCLAYS BANK PLC

Created 01/06/2020Registered 03/06/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 01/06/2020Registered 03/06/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 01/06/2020Registered 03/06/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 01/06/2020Registered 03/06/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 29/05/2020Registered 01/06/2020
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 17/07/2006Registered 22/09/2006Satisfied 02/06/2020
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 17/07/2006Registered 22/09/2006Satisfied 02/06/2020
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 17/07/2006Registered 22/09/2006Satisfied 02/06/2020
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 17/07/2006Registered 21/09/2006Satisfied 02/06/2020
charge
satisfied

HSBC BANK PLC

Created 30/09/2004Registered 19/10/2004Satisfied 07/10/2006
charge
satisfied

MIDLAND BANK PLC

Created 06/04/1999Registered 10/04/1999Satisfied 07/10/2006
charge
satisfied

MIDLAND BANK PLC

Created 06/03/1999Registered 11/03/1999Satisfied 07/10/2006
charge
satisfied

MIDLAND BANK PLC

Created 20/06/1996Registered 02/07/1996Satisfied 03/07/1997
charge
satisfied

ANTHONY COOMER · MARY ELIZABETH BROWN · KEITH CUTLER

Created 13/12/1995Registered 19/12/1995Satisfied 07/10/2006
charge
satisfied

SHELL U.K. LIMITED

Created 13/12/1995Registered 16/12/1995Satisfied 07/10/2006
charge
satisfied

MIDLAND BANK PLC

Created 13/12/1995Registered 14/12/1995Satisfied 07/10/2006
charge
satisfied

KEITH CUTLER · MARY ELIZABETH BROWN · ANTHONY COOMER

Created 02/12/1994Registered 09/12/1994Satisfied 08/03/1996
charge
satisfied

MOBIL OIL COMPANY LIMITED

Created 18/12/1992Registered 04/01/1993Satisfied 08/03/1996
charge
satisfied

MIDLAND BANK PLC

Created 21/08/1991Registered 23/08/1991Satisfied 08/03/1996
charge
satisfied

MOBIL OIL COMPANY LIMITED

Created 05/07/1988Registered 07/07/1988Satisfied 08/03/1996
charge
satisfied

NORTH WEST SECURITIES LIMITED

Created 09/10/1985Registered 19/10/1985Satisfied 28/03/1988
charge
satisfied

NORTH WEST SECURITIES LIMITED

Created 28/09/1985Registered 03/10/1985Satisfied 28/03/1988
charge
satisfied

MIDLAND BANK PLC

Created 19/04/1984Registered 27/04/1984Satisfied 07/10/2006

CompanyRankvs 754+ SIC 45111 peers
53

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.83× · 6/20
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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10Piccadilly Motors Limited
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754Grenson Motor Company Limited
69
How is this score calculated?
Financial strength23/25 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.

Liquidity6/20 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

or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The directors are responsible for the o

Key FinancialsYear ending 31/12/2017

Turnover

£28.3M

Annual revenue

Net Worth

£2.8M

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

£365k

Bottom line earnings

Net Current Assets

-£735k

Working capital

Current Assets

£3.7M

Current Liabilities

£4.4M

Fixed Assets

£4.3M

Debtors

£524k

Cost of Sales

£26.8M

Gross Profit

£1.5M

Admin Expenses

£1.1M

Operating Profit

£417k

Profit After Tax

£278k

61avg. employees

Tax at Year End

Corp tax£87k
Dividends paid£202k

People Costs

Wages & salaries£1.5M
NI contributions£157k

Balance Sheet

Bank loans & overdrafts£67k
Assets less current liabilities£3.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20170.83

Derived from filed accounts. Not audited figures.