Fairwater Garages Limited
02110095
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/05/2024
DIRECTOR/AUTOELECTRICAL TECHNICIAN
BRITISH · WALES · Age 33
Persons with Significant Control
Fairwater Garages Employee Trust Limited
Fairwater Garage, Norbury Road, Cardiff, CF5 3AT
Reg: 15717138 · Registrar Of Companies · Limited Company
Notified 24/05/2024
Former PSCs
Mrs Emma Jayne Heselton
Ceased 24/05/2024
Mr Simon Michael Heselton
Ceased 24/05/2024
Charges1 outstanding
SIMON MICHAEL HESELTON AND EMMA JAYNE HESELTON OF CROSS GREEN, LLANCARFAN, BARRY, SOUTH GLAMORG
HSBC BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 11209+ SIC 45200 peers57
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2025
Net Worth
£22k
Balance sheet strength
Cash
£136k
Cash in the bank
Net Current Assets
-£46k
Working capital
Current Assets
£166k
Current Liabilities
£212k
Fixed Assets
£86k
Debtors
£27k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.78 | -£181k | — |
| 2024 | 1.50 | -£83k | £616k |
| 2023 | 1.85 | +£12k | £636k |
| 2022 | 1.67 | +£110k | £651k |
| 2021 | 1.56 | +£135k | — |
| 2020 | 1.02 | -£283 | — |
| 2019 | 0.86 | — | — |
Derived from filed accounts. Not audited figures.