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John Nichol (Cars) Limited

01446133

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

14 AMHERST AVENUE, LONDON, W13 8NQ
Incorporated 29/08/1979

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 12/11/2025

Due 26/11/2026

On track

Industry

45111
Sale of new cars and light motor vehicles
47300
Retail sale of automotive fuel in specialised stores

Officers

Mr John Stewart Nichol

director · Since 02/10/1979

MOTOR TRADER

BRITISH · ENGLAND · Age 76

Mrs Sally Jane Nichol

secretary · Since 12/11/1991

BRITISH

Persons with Significant Control

Mr John Stewart Nichol

50–75% shares

British · England · Age 76

14, Amherst Avenue, London, W13 8NQ

Notified 06/04/2016

Mrs Sally Nichol

25–50% shares

British · England · Age 70

14, Amherst Avenue, London, W13 8NQ

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

TOTALFINAELF UK LIMITED

Created 16/05/2003Registered 22/05/2003
charge
satisfied

ELF OIL (GB) LTD.

Created 18/04/1985Registered 23/04/1985Satisfied 15/11/2021
charge
satisfied

ELF OIL (GB) LIMITED.

Created 06/03/1981Registered 07/03/1981Satisfied 15/11/2021

CompanyRankvs 1085+ SIC 45111 peers
55

Financial strength70th percentile among SIC peers · 18/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.79× · 6/20
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 strength18/25 pts

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

Employees11/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2024

Net Worth

£203k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£135k

Current Liabilities

£170k

Fixed Assets

£240k

Debtors

£46k

5avg. employees

Balance Sheet

Assets less current liabilities£205k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.79+£36k
20230.55+£9k
20220.65-£36k
20210.86+£20k
20200.60+£49k
20190.48+£22k
20180.38

Derived from filed accounts. Not audited figures.