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Wg Tanker Group Limited

02872193

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 5 outstanding charges (-10)

Details

WOODYARD LANE, FOSTON, DE65 5PY
Incorporated 16/11/1993

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/11/2025

Due 28/11/2026

On track

Industry

45190
Sale of other motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Ian Buxton

director · Since 16/11/1993

BUSINESSMAN

BRITISH · ENGLAND · Age 66

Also on 5 other boards

Persons with Significant Control

Wgts Holdings Limited

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

Woodyard Lane, Foston, DE65 5PY

Reg: 13215649 · Companies House · Private Limited Compay

Notified 02/03/2021

Former PSCs

Mr William Stuart Lionel Smart

Ceased 02/03/2021

Mr Ian Buxton

Ceased 02/03/2021

Charges5 outstanding

Charge
satisfied

WILLIAM STUART SMART

Created 21/06/2021Registered 24/06/2021Satisfied 06/08/2025
Charge
outstanding

ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED

Created 21/06/2021Registered 23/06/2021
charge
outstanding

BARCLAYS BANK PLC

Created 03/11/2008Registered 11/11/2008
charge
outstanding

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 12/01/2007Registered 17/01/2007
charge
satisfied

BARCLAYS BANK PLC

Created 31/05/2002Registered 13/06/2002Satisfied 09/06/2021
charge
outstanding

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 02/03/1999Registered 03/03/1999
charge
satisfied

BARCLAYS BANK PLC

Created 19/11/1997Registered 25/11/1997Satisfied 09/06/2021
charge
satisfied

UK PETROLEUM PRODUCTS LIMITED

Created 22/09/1995Registered 23/09/1995Satisfied 20/07/2002
charge
satisfied

BARCLAYS BANK PLC

Created 14/02/1995Registered 01/03/1995Satisfied 09/06/2021
charge
outstanding

BARCLAYS BANK PLC

Created 14/02/1995Registered 01/03/1995

CompanyRankvs 678+ SIC 45190 peers
66

Financial strength96th percentile among SIC peers · 24/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.64× · 16/20
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 strength24/25 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.

Liquidity16/20 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 31/03/2024

Net Worth

£2.7M

Balance sheet strength

Cash

£346k

Cash in the bank

Net Current Assets

£654k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.0M

Fixed Assets

£4.0M

Debtors

£1.3M

Profit After Tax

£756k

1avg. employees-1

Tax at Year End

Corp tax£239k
Dividends paid-£767k

Balance Sheet

Assets less current liabilities£4.6M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.64-£53k
20211.02

Derived from filed accounts. Not audited figures.