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F.T. Commercials Limited

01492167

active
Private Limited Company
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

6 KELHAM LANE, NEWARK, NG24 1DW
Incorporated 21/04/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Lee William Barker

director · Since 22/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Lw Barkers Holdings Limited

75–100% shares
75–100% votes

6 Kelham Lane, Kelham Lane, Newark, NG24 1DW

Reg: 14879176 · England And Wales · Limited Liability Company

Notified 22/12/2023

Former PSCs

Mr Frank Trafford

Ceased 22/12/2023

Mrs Susan Joy Trafford

Ceased 22/12/2023

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/01/2025Registered 03/02/2025
charge
satisfied

TSB BANK PLC

Created 23/01/1991Registered 30/01/1991Satisfied 25/10/2023
charge
satisfied

TSB BANK PLC

Created 23/01/1991Registered 30/01/1991Satisfied 25/10/2023

CompanyRankvs 3326+ SIC 45200 peers
73

Financial strength95th percentile among SIC peers · 24/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.71× · 16/20
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.

Employees13/15 pts

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

Liquidity16/20 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 30/09/2024

Net Worth

£483k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£70k

Working capital

Current Assets

£169k

Current Liabilities

£99k

Fixed Assets

£456k

Debtors

£158k

6avg. employees-1

Balance Sheet

Assets less current liabilities£526k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.71+£11k
20241.64-£21k
20222.08+£102k
20211.96

Derived from filed accounts. Not audited figures.