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Ford & Slater Limited

02495131

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

HAZEL DRIVE, LEICESTER, LE3 2JG
Incorporated 23/04/1990

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/05/2026

Due 20/05/2027

On track

Industry

45190
Sale of other motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories
52290
Other transportation support activities

Officers

Mr Timothy Maxwell Strevens B.Sc Hon

director · Since 11/03/1994

JOINT MANAGING DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Nigel Jeremy Strevens

director · Since 01/09/2004

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 54

Also on 13 other boards

Mr Nigel Jeremy Strevens

secretary · Since 01/10/2004

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 54

Also on 13 other boards

Mr Christopher James Hutt

director · Since 12/03/2012

FLEET SALES DIRECTOR

BRITISH · ENGLAND · Age 74

Mr Haroon Yakub Patel

director · Since 01/01/2017

CHARTERED MANAGEMENT ACCOUNTANT

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Keith Robin Spurway

director · Since 01/01/2017

DEALER PRINCIPAL

BRITISH · ENGLAND · Age 60

Mr Huw Teasdale

director · Since 26/09/2022

REGIONAL DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Anthony John Roebuck

director · Since 03/10/2022

FLEET SERVICES DIRECTOR

ENGLISH · ENGLAND · Age 47

Mr Paul Anthony Hulley

director · Since 01/04/2025

DEALER PRINCIPAL

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Strevens Vehicles Holdings Limited

75–100% shares

Hazel Drive, Hazel Drive, Leicester, LE3 2JG

Reg: 02692287 · United Kingdom Companies House · Limited Company

Notified 30/06/2016

Charges7 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 23/10/2023Registered 24/10/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 26/09/2022Registered 28/09/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 26/09/2022Registered 28/09/2022
Charge
outstanding

THE HOMES AND COMMUNITIES AGENCY

Created 27/01/2022Registered 07/02/2022
Charge
outstanding

THE HOMES AND COMMUNITIES AGENCY

Created 27/01/2022Registered 07/02/2022
Charge
outstanding

PACCAR FINANCIAL PLC

Created 13/02/2014Registered 22/02/2014
charge
satisfied

DSG RETAIL LIMITED (DSG)

Created 16/03/2012Registered 23/03/2012Satisfied 09/10/2019
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 09/12/2011Registered 22/12/2011Satisfied 19/08/2014
charge
outstanding

BARCLAYS BANK PLC

Created 19/10/2006Registered 31/10/2006
charge
satisfied

BARCLAYS BANK PLC

Created 23/03/2001Registered 30/03/2001Satisfied 28/05/2011
charge
satisfied

BARCLAYS BANK PLC

Created 17/10/2000Registered 21/10/2000Satisfied 20/10/2011
charge
satisfied

BARCLAYS BANK PLC

Created 04/02/2000Registered 24/02/2000Satisfied 28/05/2011
charge
satisfied

BARCLAYS BANK PLC

Created 30/12/1993Registered 11/01/1994Satisfied 27/11/2013
charge
satisfied

BARCLAYS BANK PLC

Created 16/04/1992Registered 28/04/1992Satisfied 28/05/2011
charge
satisfied

BARCLAYS BANK PLC

Created 16/04/1992Registered 28/04/1992Satisfied 27/11/2013
charge
satisfied

BARCLAYS BANK PLC

Created 16/04/1992Registered 28/04/1992Satisfied 06/12/2012
charge
satisfied

BARCLAYS BANK PLC

Created 16/04/1992Registered 28/04/1992Satisfied 06/12/2012
charge
satisfied

BARCLAYS BANK PLC

Created 16/04/1992Registered 28/04/1992Satisfied 28/05/2011
charge
satisfied

LEYLAND DAF LIMITED

Created 16/04/1992Registered 17/04/1992Satisfied 14/09/1995

CompanyRankvs 683+ SIC 45190 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.95× · 6/20
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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10Luton Caravan Centre Limited
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683Ford & Slater Limited
72
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.

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

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 31/12/2024

Turnover

£364.6M

Annual revenue

Net Worth

£27.0M

Balance sheet strength

Cash

£6.8M

Cash in the bank

Profit Before Tax

£2.6M

Bottom line earnings

Net Current Assets

-£7.4M

Working capital

Current Assets

£134.6M

Current Liabilities

£142.0M

Fixed Assets

£51.0M

Debtors

£25.9M

Cost of Sales

£299.6M

Gross Profit

£65.0M

Admin Expenses

£60.2M

Operating Profit

£4.8M

Profit After Tax

£1.8M

861avg. employees+232

Tax at Year End

Corp tax£346k

People Costs

Wages & salaries£30.5M
NI contributions£3.4M

Balance Sheet

Intangible assets£2.8M
Bank loans & overdrafts£1.0M
Assets less current liabilities£43.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95+£2.9M
20230.95—

Derived from filed accounts. Not audited figures.