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Gold'S Garages Limited

01855818

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

CANNOCK ROAD, CANNOCK, WS12 3HQ
Incorporated 16/10/1984

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/07/2025

Due 26/07/2026

On track

Industry

45111
Sale of new cars and light motor vehicles
47300
Retail sale of automotive fuel in specialised stores

Officers

Mr Shailesh Chandra Kantilal Parekh

director · Since 30/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Alison Thurstance

director · Since 15/09/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Riviere Holdings Limited

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

1st Floor, 20 Hatherton Street, Walsall, WS4 2LA

Reg: 14246253 · The Registrar Of Companies In England · Private Company Limited By Shares

Notified 02/08/2022

Former PSCs

Mr Paul William Goldingay

Ceased 02/08/2022

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/05/2024Registered 31/05/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/05/2024Registered 31/05/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/05/2024Registered 31/05/2024
Charge
satisfied

HSBC UK BANK PLC

Created 09/08/2019Registered 09/08/2019Satisfied 31/05/2024
Charge
satisfied

HSBC BANK PLC

Created 30/10/2014Registered 31/10/2014Satisfied 05/12/2023
Charge
satisfied

HSBC BANK PLC

Created 30/10/2014Registered 31/10/2014Satisfied 09/01/2024
charge
satisfied

MIDLAND BANK PLC

Created 10/08/1987Registered 28/08/1987Satisfied 31/05/2024
charge
satisfied

MIDLAND BANK PLC

Created 25/02/1986Registered 14/03/1986Satisfied 09/01/2024
charge
satisfied

MIDLAND BANK PLC

Created 14/02/1985Registered 19/02/1985Satisfied 31/05/2024

CompanyRankvs 1278+ SIC 45111 peers
51

Financial strength91th percentile among SIC peers · 23/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.69× · 6/20
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 strength23/25 pts

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

Employees2/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

£2.4M

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

-£92k

Working capital

Current Assets

£207k

Current Liabilities

£300k

Fixed Assets

£2.8M

Debtors

£83k

Profit After Tax

-£591k

0avg. employees-33

Tax at Year End(2024)

Dividends paid£38k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.69+£126k
20240.89-£607k
20231.78+£174k
20221.85+£322k
20212.86-£739k
20202.11+£33k
20191.71

Derived from filed accounts. Not audited figures.