Back to search

M R King And Sons (Lowestoft) Limited

01522837

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE WHERRY, HALESWORTH, IP19 8ET
Incorporated 16/10/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Mr Alastair King

director · Since 12/04/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Jason King

director · Since 12/04/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mr Julian King

director · Since 12/04/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

M R King And Sons Limited

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

The Wherry, Quay Street, Halesworth, IP19 8ET

Reg: 01573082 · Companies House · Limited By Shares

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

PSA WHOLESALE LIMITED

Created 22/09/1999Registered 30/09/1999Satisfied 27/09/2012
charge
satisfied

PSA WHOLESALE LIMITED

Created 01/04/1992Registered 02/04/1992Satisfied 05/08/2017
charge
satisfied

BARCLAYS BANK PLC

Created 29/09/1990Registered 18/10/1990Satisfied 05/08/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/12/1986Registered 09/12/1986Satisfied 27/09/2012
charge
satisfied

LLOYDS & SCOTTISH TRUST LIMITED

Created 12/02/1981Registered 13/02/1981Satisfied 08/06/1990

CompanyRankvs 1836+ SIC 45111 peers
43

Financial strength5th percentile among SIC peers · 1/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£63k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£63k

Working capital

Current Assets

£20k

Current Liabilities

£83k

Debtors

£1k

3avg. employees-1

Balance Sheet

Assets less current liabilities-£63k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.24-£66k
20231.02+£527
20221.01+£64k
20210.80-£255
20200.78

Derived from filed accounts. Not audited figures.