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Jason Mead Car Sales Limited

02615513

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FREESTONE & CO, GILLINGHAM, SP8 4AB
Incorporated 29/05/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Jason John Mead

director · Since 29/05/1992

CAR SALESMAN

BRITISH · ENGLAND · Age 60

Also on 6 other boards

Persons with Significant Control

Mr Jason John Mead

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

British · England · Age 60

Freestone & Co, Gillingham, SP8 4AB

Notified 29/05/2017

CompanyRankvs 15617+ SIC 45112 peers
43

Financial strength2th percentile among SIC peers · 1/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.64× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£136k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£138k

Working capital

Current Assets

£248k

Current Liabilities

£386k

Fixed Assets

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£132k
Signed by Jason Mead 30 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.64+£0
20250.64+£16k
20240.69-£71k
20230.88-£76k
20221.04+£12k
202114.56+£31k
20200.99-£21k
20190.93-£7k

Derived from filed accounts. Not audited figures.