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Arthur Bassett & Co. Limited

02478275

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

C/O BASSETTS HONDA, THE ENTERPRISE PARK, SA6 8QX
Incorporated 07/03/1990

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/08/2025

Due 14/09/2026

On track

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles

Officers

Mr Edward Huw Francis

secretary · Since 07/03/1992

WELSH · WALES · Age 79

Also on 1 other board

Deborah Fry

director · Since 01/03/2008

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Ioan Harries

director · Since 11/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Kevin Parry

director · Since 11/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Persons with Significant Control

Bassett Property Holdings Ltd

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

Bassetts Wales Ltd, Valley Way, Swansea, SA6 8QX

Reg: 06941155 · England And Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

PSA FINANCE UK LIMITED

Created 10/02/2020Registered 11/02/2020
charge
satisfied

PSA WHOLESALE LTD

Created 16/08/2010Registered 25/08/2010Satisfied 14/11/2018
charge
outstanding

BANK OF SCOTLAND

Created 30/11/2001Registered 05/12/2001
charge
satisfied

BARCLAYS BANK PLC

Created 30/08/2001Registered 06/09/2001Satisfied 16/01/2002
charge
satisfied

UNITED DOMINIONS TRUST LIMITED

Created 04/03/1997Registered 06/03/1997Satisfied 30/12/2009
charge
satisfied

BARCLAYS BANK PLC

Created 09/04/1990Registered 23/04/1990Satisfied 08/04/1997

CompanyRankvs 15+ SIC 45111 peers
69

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.41× · 20/20
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 strength24/25 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.

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

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

Key FinancialsYear ending 31/12/2024

Net Worth

£3.9M

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

-£103k

Bottom line earnings

Net Current Assets

£4.8M

Working capital

Current Assets

£8.3M

Current Liabilities

£3.4M

Fixed Assets

£868k

Debtors

£4.2M

Profit After Tax

-£93k

101avg. employees+10

Tax at Year End(2021)

Corp tax£36k

People Costs

Wages & salaries£3.4M

Balance Sheet

Assets less current liabilities£5.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.41-£93k
20232.10+£101k
20213.06+£96k
20202.06-£158k
20191.94-£51k
20181.86

Derived from filed accounts. Not audited figures.