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Bickerton Garage Limited

01655279

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

RAINWORTH MOTORS LTD, MANSFIELD, NG18 4GF
Incorporated 30/07/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Simon Charles Beckett

secretary · Since 03/03/2010

BRITISH

Also on 1 other board

Mr Jon Raymond Atherton

director · Since 03/03/2010

MOTOR RETAILER

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Simon Charles Beckett

director · Since 03/03/2010

MOTOR RETAILER

BRITISH · BRITISH · Age 61

Also on 1 other board

Persons with Significant Control

Mr Simon Charles Beckett

25–50% shares
25–50% votes

British · United Kingdom · Age 61

Rainworth Motors Ltd, Sherwood Oaks Business Park, Mansfield, NG18 4GF

Notified 06/04/2016

Mr Jon Raymond Atherton

25–50% shares
25–50% votes

British · England · Age 57

Rainworth Motors Ltd, Sherwood Oaks Business Park, Mansfield, NG18 4GF

Notified 06/04/2016

Vision Automotive (Uk) Group Ltd

75–100% shares

Sherwood Oaks Business Park, Sherwood Avenue, Mansfield, NG18 4GF

Reg: 04904849 · Registrar Of Companies Of England & Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 03/05/2013Registered 08/05/2013
Charge
outstanding

VOLKSWAGEN BANK GMBH TRADING AS VOLKSWAGEN BANK UNITED KINGDOM BRANCH

Created 02/05/2013Registered 03/05/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/06/2010Registered 09/06/2010Satisfied 20/11/2020
charge
satisfied

MIDLAND BANK PLC

Created 16/03/1993Registered 23/03/1993Satisfied 17/06/2010
charge
satisfied

MIDLAND BANK PLC

Created 10/02/1993Registered 11/02/1993Satisfied 17/06/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/02/1991Registered 20/02/1991Satisfied 12/03/1993
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/05/1984Registered 06/06/1984Satisfied 12/03/1993

CompanyRankvs 334+ SIC 45111 peers
63

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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

Going concern doubt: -10 pts

Outstanding charges: -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 31/12/2023

Turnover

£20.2M

Annual revenue

Net Worth

£2.1M

Balance sheet strength

Cash

£377

Cash in the bank

Profit Before Tax

£299k

Bottom line earnings

Net Current Assets

£2.0M

Working capital

Current Assets

£5.7M

Current Liabilities

£3.7M

Fixed Assets

£107k

Debtors

£2.6M

Cost of Sales

£18.9M

Gross Profit

£1.2M

Admin Expenses

£854k

Operating Profit

£349k

Profit After Tax

£224k

40avg. employees+2

Tax at Year End

Corp tax£64k
Dividends paid£171k

People Costs

Wages & salaries£879k
NI contributions£109k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.56+£53k
20221.76+£441k
20211.49

Derived from filed accounts. Not audited figures.