Back to search

Goodmayes Motors (Sales) Limited

03849353

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

249 CRANBROOK ROAD, ESSEX, IG1 4TG
Incorporated 28/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Julie Ann Dixon

secretary · Since 28/09/1999

BRITISH

Mr David Trevor Critchlow

director · Since 28/09/1999

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Mr David Trevor Critchlow

75–100% shares

British · England · Age 66

249 Cranbrook Road, Essex, IG1 4TG

Notified 10/08/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 02/07/2021Registered 09/07/2021Satisfied 31/03/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 17/07/2002Registered 25/07/2002Satisfied 20/02/2026

CompanyRankvs 197+ SIC 45111 peers
82

Financial strength87th percentile among SIC peers · 22/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees10/15 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.

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

£1.4M

Balance sheet strength

Cash

£450k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.6M

Current Liabilities

£534k

Fixed Assets

£3k

Debtors

£1.8M

3avg. employees-1

Tax at Year End

Corp tax£29k

Balance Sheet

Assets less current liabilities£2.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.78+£87k
20234.47+£180k
20224.53+£207k
20213.97+£180k
20203.43
20192.92
20181.92

Derived from filed accounts. Not audited figures.