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Westfield Sports Cars Limited

01695933

liquidation
Private Limited Company
england wales
Companies House
3 outstanding charges
Insolvency history
Health Score
N/A

Details

11 ROMAN WAY BUSINESS CENTRE, DROITWICH, WR9 9AJ
Incorporated 01/02/1983

Compliance

Last accounts

31/12/2021

unaudited abridged

Next accounts due

30/09/2023

Overdue

Confirmation statement

Last: 31/05/2022

Due 14/06/2023

Overdue

Industry

29100
Manufacture of motor vehicles

Officers

Mr Frank Turner

director · Since 01/12/2006

DIRECTOR

BRITISH · ENGLAND · Age 83

Also on 5 other boards

Mr Julian Mark Turner

director · Since 01/12/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 7 other boards

Mrs Byrnece Turner

director · Since 20/04/2007

DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 6 other boards

Mr Simon Westwood

director · Since 15/12/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Mr Mark Richard Walker

director · Since 21/11/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Westfield Technology Group Limited

75–100% shares

Lifford Hall, Lifford Lane, Birmingham, B30 3JN

Reg: 04052158 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 29/06/2020Registered 03/07/2020
Charge
outstanding

BIRMINGHAM CITY COUNCIL

Created 31/10/2016Registered 10/11/2016
charge
outstanding

POTENZA SPORTS CARS LIMITED

Created 20/10/2008Registered 25/10/2008
charge
satisfied

LLOYDS TSB BANK PLC

Created 01/03/2004Registered 17/03/2004Satisfied 23/12/2011
charge
satisfied

LLOYDS BANK PLC

Created 16/09/1986Registered 24/09/1986Satisfied 28/11/2006
charge
satisfied

BARCLAYS BANK PLC

Created 06/06/1984Registered 12/06/1984Satisfied 01/09/1989

Insolvency History2 cases

in administration

Mark Elijah Thomas Bowen (practitioner)

compulsory liquidation18/12/2023

The Official Receiver Or Birmingham (practitioner)

CompanyRankvs 15+ SIC 29100 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.32× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2021

Net Worth

£1.2M

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£4.0M

Current Liabilities

£1.7M

Fixed Assets

£750k

Debtors

£1.8M

33avg. employees+5

Balance Sheet

Intangible assets£471k
Assets less current liabilities£3.0M
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20212.32+£52k
20203.11+£63k
20194.18+£273k
20183.21

Derived from filed accounts. Not audited figures.