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Wellington Motors Limited

03125962

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

TAUNTON VALE HOUSE, CHELSTON BUSINESS PARK, TA21 9JE
Incorporated 14/11/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr Matthew Charles Holcombe

director · Since 12/01/2010

SALES DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Persons with Significant Control

Wmg Property Limited

75–100% shares
75–100% votes

Taunton Vale House, Summerfield Way, Wellington, TA21 9JE

Reg: 09020754 · Companies House · Limited By Shares

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 18/12/2023Registered 19/12/2023
Charge
outstanding

MICHAEL FINN

Created 13/12/2023Registered 19/12/2023
charge
outstanding

RCI FINANCIAL SERVICES LIMITED

Created 19/12/2012Registered 21/12/2012
charge
satisfied

RCI FINANCIAL SERVICES LIMITED

Created 19/12/2012Registered 21/12/2012Satisfied 22/03/2024
charge
outstanding

BARCLAYS BANK PLC

Created 07/12/2012Registered 20/12/2012
charge
outstanding

BARCLAYS BANK PLC

Created 07/12/2012Registered 20/12/2012
charge
outstanding

BARCLAYS BANK PLC

Created 03/12/2012Registered 13/12/2012

CompanyRankvs 191+ SIC 45111 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.66× · 16/20
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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191Wellington Motors Limited
82
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

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 were authorised for issue. Our responsibilities and the responsibilities of the director with respect to going concern are d

Key FinancialsYear ending 31/12/2025

Turnover

£71.8M

Annual revenue

Net Worth

£10.2M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

£9.4M

Working capital

Current Assets

£23.8M

Current Liabilities

£14.4M

Fixed Assets

£957k

Debtors

£11.7M

Cost of Sales

£63.4M

Gross Profit

£8.5M

Admin Expenses

£6.7M

Profit After Tax

£1.3M

136avg. employees

Tax at Year End

Dividends paid-£402k

People Costs

Wages & salaries£4.8M
NI contributions£366k

Balance Sheet

Intangible assets£64k
Assets less current liabilities£10.4M
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20251.66

Derived from filed accounts. Not audited figures.