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Harratts M1 Limited

02820886

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

FIRST FLOOR LOWGATE HOUSE, HULL, HU1 1EL
Incorporated 24/05/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mrs Stella Margaret Harratt M Inst D

secretary · Since 23/05/1994

MOTOR DEALER

BRITISH · ENGLAND · Age 82

Also on 11 other boards

Mr Shaun Timothy Harratt

director · Since 23/05/1994

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mrs Stella Margaret Harratt M Inst D

director · Since 23/05/1994

DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 11 other boards

Persons with Significant Control

The Harratts Group Limited

75–100% shares
75–100% votes

Group Head Office, 339 Denby Dale Road, Wakefield, WF4 3BB

Reg: 01221548 · England & Wales Company Registry · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 11/07/1994Registered 15/07/1994

CompanyRankvs 15+ SIC 45111 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.31× · 2/20
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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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.

Employees0/15 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

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

decrease, but despite our efforts in this regard, the results for the past 12 month period have not been reflective of this. When making their assessment of the Group's ability to continue as a going concern, the Directors acknowledge that specific uncertainties exist over profitability and availability of funds. Within their Group financial plans and forecasts for the next 12 months, the Director

Key FinancialsYear ending 31/12/2022

Net Worth

£10k

Balance sheet strength

Cash

£520

Cash in the bank

Net Current Assets

-£2.7M

Working capital

Current Assets

£1.2M

Current Liabilities

£3.9M

Fixed Assets

£74k

Debtors

£25k

6avg. employees-5

Balance Sheet

Assets less current liabilities-£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.31+£0
20210.33+£0
20200.22+£1.1M
20170.46—

Derived from filed accounts. Not audited figures.