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West Malling Garage Limited

03209596

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

HIGH STREET, KENT, ME19 6QN
Incorporated 07/06/1996

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

Officers

Nicholas James Errington

secretary · Since 10/02/2011

BRITISH

Mr Nicholas James Errington

director · Since 10/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

David John Woodget

director · Since 10/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Errington & Woodget Ltd

75–100% shares

West Malling Garage, Town Hill, West Malling, ME19 6QN

Reg: 07396106 · England · Limited Company

Notified 01/06/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 15/07/2019Registered 25/07/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 07/12/2016Registered 13/12/2016

CompanyRankvs 98+ SIC 45111 peers
75

Financial strength86th percentile among SIC peers · 22/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.38× · 20/20
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 strength22/25 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.

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.

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 30/09/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£403k

Cash in the bank

Net Current Assets

£583k

Working capital

Current Assets

£1.4M

Current Liabilities

£589k

Fixed Assets

£1.1M

Debtors

£585k

15avg. employees+1

Balance Sheet

Assets less current liabilities£1.6M

EstimatesDerived

YearCurrent RatioImplied Profit
20242.38-£33k
20232.66-£12k
20222.82+£51k
20213.56

Derived from filed accounts. Not audited figures.