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Fords Of Winsford Limited

02066011

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

WHARTON RETAIL PARK, VALLEY R, WINSFORD, CW7 3AL
Incorporated 21/10/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mrs Christine Mary Ford

director · Since 31/08/1991

CLERICAL ASSISTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Mr Paul Thomas Ford

director · Since 31/08/1991

CAR SALES

BRITISH · ENGLAND · Age 68

Also on 8 other boards

Persons with Significant Control

Fords Of Winsford Holdings Limited

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

Wharton Retail Park, Weaver Valley Road, Winsford, CW7 3AL

Reg: 15536364 · Companies Registrar · Private Limited Company

Notified 15/07/2024

Former PSCs

Mr Paul Thomas Ford

Ceased 15/07/2024

Mrs Alison Mary Bell

Ceased 15/07/2024

Charges6 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 12/07/2024Registered 16/07/2024
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 12/07/2024Registered 16/07/2024
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 12/07/2024Registered 16/07/2024
charge
satisfied

BLACK HORSE LIMITED

Created 29/10/2009Registered 10/11/2009Satisfied 09/07/2024
charge
satisfied

BLACK HORSE LIMITED

Created 29/10/2009Registered 10/11/2009Satisfied 10/07/2024
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 19/01/2007Registered 20/01/2007
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 08/05/2001Registered 10/05/2001
charge
satisfied

CAPITAL BANK PLC

Created 14/05/1999Registered 15/05/1999Satisfied 09/07/2024
charge
satisfied

CAPITAL BANK PLC

Created 14/05/1999Registered 15/05/1999Satisfied 09/07/2024
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 10/08/1995Registered 15/08/1995
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 02/01/1991Registered 04/01/1991Satisfied 09/07/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/01/1987Registered 16/01/1987Satisfied 09/07/2024

CompanyRankvs 3242+ SIC 45112 peers
52

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.33× · 2/20
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 strength25/25 pts

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

Employees15/15 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.

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

£13.9M

Annual revenue

Net Worth

£1.5M

Balance sheet strength

Cash

£306k

Cash in the bank

Profit Before Tax

-£94k

Bottom line earnings

Net Current Assets

-£3.7M

Working capital

Current Assets

£1.8M

Current Liabilities

£5.6M

Fixed Assets

£5.2M

Debtors

£1.5M

Cost of Sales

£10.1M

Gross Profit

£3.9M

Admin Expenses

£4.0M

Operating Profit

-£87k

Profit After Tax

-£94k

245avg. employees-8

People Costs

Wages & salaries£7.2M
NI contributions£641k

Balance Sheet

Assets less current liabilities£1.5M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.33-£426k
20210.31+£348k
20200.28

Derived from filed accounts. Not audited figures.