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Stephen A. Sims (Cars) Limited

02537934

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

STEPHEN A SIMS (CARS) LIMITED, DARLINGTON, DL1 1XT
Incorporated 07/09/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Stephen Andrew Sims

director · Since 07/09/1991

MOTOR DEALER

BRITISH · ENGLAND · Age 71

Stuart Bromley

secretary · Since 01/01/2017

Mr Stuart Bromley

director · Since 08/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 2 other boards

Persons with Significant Control

Mr Stephen Andrew Sims

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

British · United Kingdom · Age 71

S A Sims (Cars) Limited, Mcmullen Road, Darlington, DL1 1XT

Notified 06/04/2016

Former PSCs

Mr Stephen Andrew Sims

Ceased 07/04/2016

Charges4 outstanding

Charge
outstanding

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satisfied

BARCLAYS BANK PLC

Created 19/11/2014Registered 22/11/2014Satisfied 26/10/2017
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SANTANDER CONSUMER (UK) PLC

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LOMBARD NORTH CENTRAL PLC

Created 23/12/1998Registered 31/12/1998Satisfied 21/01/2010
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BARCLAYS BANK PLC

Created 14/07/1997Registered 21/07/1997Satisfied 08/09/2017
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BARCLAYS BANK PLC

Created 28/02/1994Registered 09/03/1994Satisfied 08/09/2017
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satisfied

BARCLAYS BANK PLC

Created 01/02/1994Registered 15/02/1994Satisfied 08/09/2017
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satisfied

BARCLAYS BANK PLC

Created 01/02/1994Registered 15/02/1994Satisfied 08/09/2017
charge
satisfied

BARCLAYS BANK PLC

Created 01/02/1994Registered 15/02/1994Satisfied 08/09/2017
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 05/12/1990Registered 20/12/1990Satisfied 15/09/1998

CompanyRankvs 843+ SIC 45111 peers
61

Financial strength85th percentile among SIC peers · 21/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£578k

Working capital

Current Assets

£1.9M

Current Liabilities

£2.4M

Fixed Assets

£1.8M

Debtors

£227k

28avg. employees+2

Balance Sheet

Intangible assets£1k
Bank loans & overdrafts£61k
Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.76+£26k
20230.79-£6k
20220.78+£2k
20210.81+£65k
20200.88+£14k
20190.78

Derived from filed accounts. Not audited figures.