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Broadwater Cars Limited

03032551

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

35 GRAFTON WAY, LONDON, W1T 5DB
Incorporated 13/03/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Simon John Morgan

director · Since 13/03/1995

CAR SALESMAN

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Simon John Morgan

Significant control

British · United Kingdom · Age 61

35, Grafton Way, London, W1T 5DB

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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charge
satisfied

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Created 25/01/2010Registered 28/01/2010Satisfied 13/03/2014
charge
satisfied

CHARTERED TRUST PLC

Created 22/05/2001Registered 23/05/2001Satisfied 13/03/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/03/2001Registered 06/04/2001Satisfied 28/03/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/06/2000Registered 28/06/2000Satisfied 12/06/2015

CompanyRankvs 26008+ SIC 82990 peers
61

Financial strength92th percentile among SIC peers · 23/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.13× · 12/20
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 strength23/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£378k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£105k

Current Liabilities

£93k

Fixed Assets

£456k

Debtors

£91k

1avg. employees

Balance Sheet

Bank loans & overdrafts£91k
Assets less current liabilities£469k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.13-£192k
20244.74+£6k
20235.44+£19k
20226.89+£21k
20218.56+£31k
20201.59+£11k
20191.60+£13k
20181.50

Derived from filed accounts. Not audited figures.