Back to search

Auto Network Uk Limited

03697219

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

FORMAL HOUSE, CHELTENHAM, GL50 3PN
Incorporated 19/01/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Ms Stephanie Louise Palmer

director · Since 07/01/2008

DIRECTOR

BRITISH · WALES · Age 62

Also on 3 other boards

Persons with Significant Control

Mrs Stephanie Louise Palmer

75–100% shares
75–100% votes
Appoint directors

British · Wales · Age 62

Formal House, 60 St. Georges Place, Cheltenham, GL50 3PN

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 03/06/2015Registered 07/06/2015
charge
satisfied

HSBC BANK PLC

Created 17/11/2005Registered 19/11/2005Satisfied 05/06/2006
charge
satisfied

BARCLAYS BANK PLC

Created 13/05/2005Registered 25/05/2005Satisfied 05/06/2006
charge
satisfied

BARCLAYS BANK PLC

Created 28/04/2005Registered 30/04/2005Satisfied 05/06/2006

CompanyRankvs 101705+ SIC 82990 peers
23

Financial strength2th percentile among SIC peers · 1/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 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

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/09/2024

Net Worth

-£187k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£11k

Current Liabilities

£56k

Fixed Assets

£31k

Debtors

£11k

2avg. employees

Tax at Year End

Corp tax£8k
VAT£1k

Director Loans

Company owes directors£135k

Balance Sheet

Intangible assets£26k
Assets less current liabilities-£14k
Signed by Mrs Stephanie Palmer 17th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.20-£20k£27k
20230.07-£132k£17k
20210.20-£68k£165k
20201.10-£9k£1.0M
20190.54+£7k£456k
20180.72£463k

Derived from filed accounts. Not audited figures.