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Freeborn Garages Limited

02546512

active
Private Limited Company
england wales
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

WILMOTHS, 91-93 EASTBOURNE ROAD, EASTBOURNE, BN20 9NR
Incorporated 08/10/1990

Compliance

Last accounts

28/12/2024

dormant

Next accounts due

28/09/2026

On track

Confirmation statement

Last: 16/07/2026

Due 30/07/2027

On track

Industry

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

Officers

Mr Duncan Charles Froude

director · Since 09/02/2017

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 9 other boards

Mr James Jason Wilmoth

director · Since 09/02/2017

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 12 other boards

Persons with Significant Control

Standset Limited

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

91-93, Eastbourne Road, Eastbourne, BN20 9NR

Reg: 02546521 · England & Wales · Private Company Limited By Shares

Notified 06/04/2016

Former PSCs

Andrew Kenneth Jones

Ceased 06/04/2016

Charges5 outstanding

Charge
outstanding

HSBC BANK PLC

Created 09/02/2017Registered 16/02/2017
charge
outstanding

PSA WHOLESALE LIMITED

Created 24/08/2009Registered 25/08/2009
charge
outstanding

PSA WHOLESALE LIMITED

Created 13/12/1991Registered 17/12/1991
charge
outstanding

PSA WHOLESALE LIMITED

Created 04/02/1991Registered 07/02/1991
charge
outstanding

PSA WHOLESALE LIMITED

Created 04/02/1991Registered 07/02/1991

CompanyRankvs 2172+ SIC 45111 peers
24

Financial strength0th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.43× · 2/20
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 strength0/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 28/12/2021

Net Worth

-£3.2M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3.2M

Working capital

Current Assets

£2.5M

Current Liabilities

£5.7M

Debtors

£2.5M

0avg. employees

Balance Sheet

Assets less current liabilities-£3.2M
Signed by 2021-01-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20210.43

Derived from filed accounts. Not audited figures.