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Highway Recovery Limited

01588928

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

NORHAM HOUSE MOUNTENOY ROAD, ROTHERHAM, S60 2AJ
Incorporated 02/10/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
74909
Other professional, scientific and technical activities

Officers

Mr Terrence John Carnevale

director · Since 01/01/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Mark Carnevale

secretary · Since 29/09/2008

BRITISH

Mr Mark Carnevale

director · Since 26/09/2011

RECOVERY OPERATOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Terrence John Carnevale

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

British · United Kingdom · Age 69

Maple Lodge, Valley Road, Pontefract, WF8 3BX

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 30/04/2009Registered 07/05/2009
charge
outstanding

LLOYDS BANK PLC

Created 20/07/1987Registered 24/07/1987
charge
satisfied

YORKSHIRE BANK PLC.

Created 29/07/1986Registered 14/08/1986

CompanyRankvs 8377+ SIC 45200 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.81× · 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 strength25/25 pts

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

Employees1/15 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

£1.8M

Balance sheet strength

Cash

£750k

Cash in the bank

Net Current Assets

£454k

Working capital

Current Assets

£1.0M

Current Liabilities

£563k

Fixed Assets

£1.8M

Debtors

£259k

-29avg. employees-1

Tax at Year End(2020)

Corp tax£8k
Prepared with v2024.60.2 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20241.81+£236k
20231.80+£107k
20221.60+£146k
20211.96+£247k
20201.89+£191k
20192.09+£102k
20182.13

Derived from filed accounts. Not audited figures.