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N K Motors Limited

04013648

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

2 ORIENT WAY, PRIDE PARK, DERBYSHIRE, DE24 8BY
Incorporated 13/06/2000

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

Mrs Ravi Kumari

secretary · Since 04/07/2000

BRITISH · ENGLAND · Age 66

Also on 6 other boards

Mr Narinder Kumar

director · Since 04/07/2000

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 5 other boards

Mrs Ravi Kumari

director · Since 04/07/2000

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 6 other boards

Mr Sanjeev Kumar

director · Since 12/04/2016

MOTOR DEALER

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Persons with Significant Control

N K Motorgroup Ltd

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

2, Orient Way, Derby, DE24 8BY

Reg: 09689331 · Companies House Registry · Private Limited Company

Notified 04/04/2018

Former PSCs

Mrs Ravi Kumari

Ceased 04/04/2018

Mr Narinder Kumar

Ceased 04/04/2018

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 08/07/2015Registered 09/07/2015
Charge
outstanding

HSBC BANK PLC

Created 10/06/2015Registered 10/06/2015
Charge
outstanding

HSBC BANK PLC

Created 10/06/2015Registered 10/06/2015
charge
satisfied

WEST REGISTER (INVESTMENTS) LIMITED

Created 15/09/2010Registered 16/09/2010Satisfied 03/08/2017
charge
satisfied

A G FINANCE LIMITED

Created 15/09/2005Registered 23/09/2005Satisfied 27/11/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/11/2003Registered 02/12/2003Satisfied 15/06/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/09/2003Registered 02/10/2003Satisfied 15/06/2017
charge
satisfied

AG FINANCE LIMITED

Created 28/01/2003Registered 29/01/2003Satisfied 27/11/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/06/2002Registered 01/07/2002Satisfied 15/06/2017

CompanyRankvs 641+ SIC 45111 peers
56

Financial strength97th percentile among SIC peers · 24/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.51× · 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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How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 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 are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£6.6M

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

£110k

Bottom line earnings

Net Current Assets

£4.6M

Working capital

Current Assets

£13.8M

Current Liabilities

£9.2M

Fixed Assets

£3.5M

Debtors

£7.5M

Admin Expenses

£5.3M

Profit After Tax

£47k

1avg. employees-94

Tax at Year End

Corp tax£0

Director Loans(2018)

Company owes directors£41k

People Costs

Wages & salaries£3.2M

Balance Sheet

Intangible assets£15k
Bank loans & overdrafts£1.4M
Assets less current liabilities£8.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51+£47k
20231.68+£1.3M
20221.43+£999k
20211.30+£600k
20201.31+£1.6M
20191.12-£2.8M
20181.80

Derived from filed accounts. Not audited figures.