Sinclair Garages (Newport) Ltd.
02521128
Healthy
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/07/1992
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 87
Also on 7 other boards
director · Since 12/11/2003
DIRECTOR
BRITISH · WALES · Age 53
Also on 11 other boards
Persons with Significant Control
Sinclair Motor Holdings Limited
Sinclair Group, Old Field Road, Bridgend, CF35 5LJ
Reg: 04395583 · Companies House · Limited Company
Notified 28/01/2022
Former PSCs
Mr Gerald Stanley Sinclair
Ceased 28/01/2022
Mrs Leanne Smith
Ceased 28/01/2022
Mr Edward Ellis
Ceased 28/01/2022
Mr Jonathan Mark Sinclair
Ceased 11/07/2017
Mr Jeremy Phillips
Ceased 28/01/2022
Mr Richard Gwilym Seaward
Ceased 28/01/2022
Mrs Judith Sadler
Ceased 28/01/2022
Mr Julian Harrington
Ceased 28/01/2022
Mr Andrew James Sinclair
Ceased 28/01/2022
Charges3 outstanding
BARCLAYS BANK PLC
VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED
VOLKSWAGEN BANK GMBH
MERCEDES-BENZ BANK AG, UK BRANCH
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
DAIMLERCHRYSLER UK LIMITED
DAIMLERCHRYSLER UK LIMITED
BARCLAYS BANK PLC
DAIMLERCHRYSLER UK LIMITED
DAIMLER-CHRYSLER UK LIMITED
DAIMLERCHRYSLER SERVICES UK LIMITED
LOMBARD NORTH CENTRAL
ESSO PETROLEUM COMPANY LIMITED
BARCLAYS BANK PLC
THE SECRETARY OF STATE FOR WALES.
CLOSE BORTHERS LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
ESSO PETROLEUM COMPANY LIMITED
CompanyRankvs 186+ SIC 45111 peers66
Show leaderboard
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 co
Key FinancialsYear ending 31/12/2024
Turnover
£85.1M
Annual revenue
Net Worth
£42.2M
Balance sheet strength
Cash
£1.9M
Cash in the bank
Profit Before Tax
£3.3M
Bottom line earnings
Net Current Assets
£41.5M
Working capital
Current Assets
£91.5M
Current Liabilities
£49.9M
Fixed Assets
£798k
Debtors
£81.3M
Cost of Sales
£71.8M
Gross Profit
£13.3M
Admin Expenses
£9.8M
Operating Profit
£3.7M
Profit After Tax
£3.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.83 | +£3.1M |
| 2023 | 1.82 | +£2.0M |
| 2022 | 3.79 | +£4.3M |
| 2021 | 2.80 | +£6.3M |
| 2020 | 1.43 | +£1.7M |
| 2019 | 1.58 | +£3.2M |
| 2018 | 1.53 | — |
Derived from filed accounts. Not audited figures.