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Corkills Volkswagen Limited

02863409

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

CORKILLS WIGAN, WIGAN, WN3 4AS
Incorporated 13/10/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Adrian Brian Mcgrath-Kermode

director · Since 13/10/1993

GENERAL MANAGER

BRITISH · ISLE OF MAN · Age 67

Mrs Angela Cotton

secretary · Since 10/07/2012

Also on 4 other boards

Mrs Angela Cotton

director · Since 10/07/2012

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 59

Also on 4 other boards

Mr Timothy Worrall

director · Since 25/06/2017

CONSULTANT

BRITISH · ENGLAND · Age 80

Jason Chisnall

director · Since 01/11/2022

GROUP OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Adrian Kermode

Appoint directors

British · Isle Of Man · Age 67

Corkills Wigan, Pennyhurst Street, Wigan, WN3 4AS

Notified 01/09/2016

Charges6 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/09/2017Registered 22/09/2017
Charge
outstanding

VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED

Created 21/06/2013Registered 03/07/2013
Charge
outstanding

VOLKSWAGEN BANK GMBH TRADING AS VOLKSWAGEN BANK UNITED KINGDOM BRANCH

Created 21/06/2013Registered 24/06/2013
charge
outstanding

VOLKSWAGEN BANK GMBH TRADING AS VOLKSWAGEN BANK UNITED KINGDOM BRANCH

Created 01/02/2010Registered 16/02/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/04/2002Registered 27/04/2002
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/12/1998Registered 22/12/1998
charge
outstanding

VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED

Created 05/08/1998Registered 06/08/1998
charge
outstanding

VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED

Created 06/10/1994Registered 07/10/1994
charge
satisfied

VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED

Created 23/03/1994Registered 24/03/1994Satisfied 06/05/2010
charge
satisfied

V.A.G.FINANCE LIMITED

Created 03/03/1994Registered 04/03/1994Satisfied 15/02/1995
charge
satisfied

V.A.G. FINANCE LIMITED

Created 01/03/1994Registered 04/03/1994Satisfied 15/02/1995
charge
satisfied

LLOYDS BOWMAKER LIMITED

Created 01/03/1994Registered 04/03/1994Satisfied 15/02/1995
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/01/1994Registered 18/01/1994
charge
satisfied

LLOYDS BOWMAKER LIMITED

Created 15/12/1993Registered 22/12/1993Satisfied 15/02/1995
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/11/1993Registered 09/12/1993Satisfied 05/11/2005
charge
satisfied

V.A.G. (UNITED KINGDOM) LIMITED

Created 18/11/1993Registered 20/11/1993Satisfied 05/11/2005

CompanyRankvs 352+ SIC 45111 peers
59

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.09× · 12/20
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 strength23/25 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.

Liquidity12/20 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

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

Key FinancialsYear ending 31/12/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£603k

Cash in the bank

Profit Before Tax

£20k

Bottom line earnings

Net Current Assets

£462k

Working capital

Current Assets

£5.5M

Current Liabilities

£5.0M

Fixed Assets

£2.7M

Debtors

£459k

Admin Expenses

£2.6M

Profit After Tax

£36k

66avg. employees+2

Tax at Year End

Corp tax£26k

People Costs

Wages & salaries£1.8M

Balance Sheet

Bank loans & overdrafts£664k
Assets less current liabilities£3.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.09+£36k
20231.11

Derived from filed accounts. Not audited figures.