Specialist Cars Limited
02416408
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Previously known as
Compliance
Last accounts
31/12/2024
dormant
Next accounts due
30/09/2026
Confirmation statement
Last: 12/08/2025
Due 26/08/2026
Industry
Officers
Former
director · Resigned 31/12/2003
secretary · Resigned 31/12/2003
director · Resigned 05/02/2004
director · Resigned 16/12/2009
director · Resigned 01/04/2022
director · Resigned 01/04/2022
secretary · Resigned 01/04/2022
director · Resigned 01/04/2022
director · Resigned 01/04/2022
director · Resigned 14/07/2023
director · Resigned 01/01/2025
Persons with Significant Control
Specialist Cars Holdings Limited
2, Penman Way, Leicester, LE19 1ST
Reg: 06047694 · Companies House · Private Limited Company
Notified 10/01/2017
Former PSCs
Mr Clive Martin Fletcher
Ceased 01/01/2022
Mr Michael Jacob Donovan
Ceased 01/01/2022
Charges3 outstanding
NATIONAL WESTMINSTER BANK PLC
NATWEST MARKETS PLC AS SECURITY AGENT
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BMW FINANCIAL SERVICES LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BMW FINANCE (GB) LIMITED
BMW FINANCE (GB) LIMITED
ALLIED TRUST BANK LIMITED
ALLIED TRUST BANK LIMITED
BMW FINANCE (GB) LIMITED
Change History
Active
Private Limited Company
2 PENMAN WAY
LEICESTER
CompanyRankvs 184+ SIC 45111 peers66
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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
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 concern are d
Key FinancialsYear ending 31/12/2021
Turnover
£112.1M
Annual revenue
Net Worth
£15.1M
Balance sheet strength
Cash
£613k
Cash in the bank
Profit Before Tax
£2.0M
Bottom line earnings
Net Current Assets
£14.6M
Working capital
Current Assets
£29.7M
Current Liabilities
£15.1M
Fixed Assets
£591k
Debtors
£14.8M
Cost of Sales
£103.7M
Gross Profit
£8.4M
Admin Expenses
£2.5M
Operating Profit
£2.1M
Profit After Tax
£1.7M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 1.97 | +£1.7M |
| 2020 | 1.72 | +£342k |
| 2019 | 1.64 | — |
Derived from filed accounts. Not audited figures.