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Classic Team Lotus Limited

02881061

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

Potash Lane, Hethel, Norfolk, NR14 8EY
Incorporated 15/12/1993

Previously known as

Cheapcard Limited · until 20/01/1994

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/12/2025

Due 29/12/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Clive Chapman

director · Since 23/02/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 13 other boards

Mr Clive Chapman

secretary · Since 31/01/2003

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 13 other boards

Mrs Jane Elizabeth Chapman

director · Since 21/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 63

Clive Chapman

director · Since 23/02/1994

British · England · Age 64

Clive Chapman

secretary · Since 31/01/2003

British

Jane Elizabeth Chapman

director · Since 21/08/2014

British · England · Age 63

Former

Instant Companies Limited

corporate nominee director · Resigned 13/01/1994

Swift Incorporations Limited

corporate nominee secretary · Resigned 13/01/1994

Hazel Patricia Chapman

director · Resigned 26/03/1997

Manning Richard Buckle

secretary · Resigned 31/01/2003

Anthony Cyril Rudd

director · Resigned 22/08/2003

Frederick Reginald Bushell

director · Resigned 14/01/2006

Hazel Patricia Chapman

director · Resigned 13/12/2021

Persons with Significant Control

Mr Clive Kennedy Chapman

Significant control

British · England · Age 64

Potash Lane, Norfolk, NR14 8EY

Notified 06/04/2016

Mrs Jane Elizabeth Chapman

Significant control

British · England · Age 63

Potash Lane, Norfolk, NR14 8EY

Notified 06/04/2016

Hethel Properties Limited

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

Ketteringham Hall, Church Road, Wymondham, NR18 9RS

Notified 20/04/2016

Former PSCs

Mrs Hazel Patricia Chapman

Ceased 13/12/2021

Change History

officer appointedCHAPMAN, Clive
2026-07-27
officer appointedCHAPMAN, Clive
2026-07-27
officer appointedCHAPMAN, Jane Elizabeth
2026-07-27
statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line1Potash Lane
2026-07-27

POTASH LANE

post townNorfolk
2026-07-27

NORFOLK

CompanyRankvs 44+ SIC 29320 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.95× · 20/20
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 strength24/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£492k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.4M

Current Liabilities

£347k

Fixed Assets

£245k

Debtors

£441k

22avg. employees

Balance Sheet

Intangible assets£32k
Assets less current liabilities£2.3M
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent Ratio
20246.95

Derived from filed accounts. Not audited figures.