Redline Specialist Cars Limited
03326062
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 28/02/1997
MOTOR DEALER
BRITISH · UNITED KINGDOM · Age 58
Also on 25 other boards
director · Since 28/02/1997
MOTOR DEALER
BRITISH · UNITED KINGDOM · Age 58
Also on 25 other boards
Persons with Significant Control
Redline Holdings Limited
Grimbald Crag Close, Grimbald Crag Road, Knaresborough, HG5 8PY
Reg: 09827815 · England And Wales · Limited Company
Notified 06/04/2016
Charges2 outstanding
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CompanyRankvs 1065+ SIC 45112 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2023
Net Worth
£5.6M
Balance sheet strength
Cash
£1.8M
Cash in the bank
Profit Before Tax
-£326k
Bottom line earnings
Net Current Assets
£5.5M
Working capital
Current Assets
£24.2M
Current Liabilities
£18.7M
Fixed Assets
£128k
Debtors
£690k
Cost of Sales
£155.0M
Admin Expenses
£2.5M
Profit After Tax
-£299k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.29 | -£875k |
| 2022 | 1.41 | — |
Derived from filed accounts. Not audited figures.