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Baileys Coaches Limited

03118837

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

DONALD REID GROUP LIMITED 1010 ESKDALE ROAD, WOKINGHAM, RG41 5TS
Incorporated 26/10/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49319
49319

Officers

Mr Martin John Holgate

director · Since 16/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Mr Richard William Holgate

director · Since 16/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Mr Simon Christopher Keith Rowland

director · Since 16/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Persons with Significant Control

Rowgate Group Limited

75–100% shares

Donald Reid Group Limited, 1010 Eskdale Road, Wokingham, RG41 5TS

Reg: 10336252 · Companies House · Limited Company

Notified 16/07/2020

Former PSCs

Mrs Emma Lara Gale

Ceased 16/07/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 24/11/2020Registered 24/11/2020
charge
satisfied

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 03/04/2013Registered 11/04/2013Satisfied 10/07/2020
charge
satisfied

CLYDESDALE BANK PLC

Created 22/07/2009Registered 28/07/2009Satisfied 17/12/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/11/1998Registered 07/12/1998Satisfied 31/07/2009
charge
satisfied

MIDLAND BANK PLC

Created 13/02/1996Registered 01/03/1996Satisfied 31/07/2009

CompanyRankvs 166+ SIC 49319 peers
56

Financial strength82th percentile among SIC peers · 21/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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166Baileys Coaches Limited
66
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 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

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

£213k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

-£313k

Working capital

Current Assets

£200k

Current Liabilities

£513k

Fixed Assets

£1.3M

Debtors

£150k

14avg. employees

Tax at Year End(2022)

Corp tax£7k

Balance Sheet

Assets less current liabilities£1.0M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.39+£42k
20230.26-£25k
20220.32-£44k
20210.34-£81k
20200.14-£330k
20190.75+£19k
20180.79—

Derived from filed accounts. Not audited figures.