Merthyr Tydfil Car Auction Limited
01438339
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 06/03/2026
Due 20/03/2027
Industry
Officers
secretary · Since 16/03/1991
BRITISH · WALES · Age 82
Also on 5 other boards
director · Since 16/03/1991
COMPANY DIRECTOR
BRITISH · WALES · Age 82
Also on 5 other boards
Persons with Significant Control
Mrs Patricia Elizabeth Weaver
British · Wales · Age 82
Red Barrel House, Merthyr Tydfil, CF48 3SH
Notified 29/05/2018
Mr Dean Davies
British · Wales · Age 57
Red Barrel House, Merthyr Tydfil, CF48 3SH
Notified 08/12/2025
Former PSCs
Mr Alan Davies
Ceased 29/05/2018
CompanyRankvs 15+ SIC 45190 peers80
Show leaderboard
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
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 31/03/2025
Turnover
£6.1M
Annual revenue
Net Worth
£5.1M
Balance sheet strength
Cash
£3.4M
Cash in the bank
Profit Before Tax
£985k
Bottom line earnings
Net Current Assets
£4.2M
Working capital
Current Assets
£5.7M
Current Liabilities
£1.5M
Fixed Assets
£1.5M
Debtors
£351k
Cost of Sales
£2.9M
Gross Profit
£3.2M
Admin Expenses
£2.3M
Operating Profit
£952k
Profit After Tax
£742k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.68 | +£102k |
| 2024 | 3.76 | +£421k |
| 2023 | 3.51 | +£337k |
| 2022 | 4.71 | +£615k |
| 2021 | 3.99 | +£841k |
| 2020 | 4.14 | +£444k |
| 2019 | 3.64 | — |
Derived from filed accounts. Not audited figures.