Formula One Auto Centres Limited
01437311
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/07/2025
full
Next accounts due
30/04/2027
Confirmation statement
Last: 29/12/2025
Due 12/01/2027
Industry
Officers
director · Since 01/09/2001
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 8 other boards
director · Since 01/12/2020
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 8 other boards
Mr Farid Taher Sachak
director · Since 08/07/2026
BRITISH · ENGLAND · Age 45
Former
director · Resigned 01/08/2026
Persons with Significant Control
Aston Group Holdings Limited
Aston House, Boulton Road, Stevenage, SG1 4QX
Reg: 11717113 · Registrar Of Companies (England And Wales) · Private Limited Company
Notified 15/02/2019
Former PSCs
Philip Stanley Glencross
Ceased 15/02/2019
Charges3 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
CompanyRankvs 6377+ SIC 45200 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 going co
Key FinancialsYear ending 31/07/2025
Turnover
£94.1M
Annual revenue
Net Worth
£5.6M
Balance sheet strength
Cash
£3.5M
Cash in the bank
Profit Before Tax
£3.3M
Bottom line earnings
Net Current Assets
-£5.7M
Working capital
Current Assets
£19.9M
Current Liabilities
£25.6M
Fixed Assets
£23.6M
Debtors
£13.6M
Cost of Sales
£31.2M
Gross Profit
£62.9M
Admin Expenses
£59.1M
Operating Profit
£4.4M
Profit After Tax
£2.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.78 | +£788k |
| 2024 | 0.80 | -£526k |
| 2023 | 0.78 | — |
Derived from filed accounts. Not audited figures.