Back to search

Lovells (Peterborough) Limited

04128579

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

105 HIGH STREET, WORCESTER, WR1 2HW
Incorporated 20/12/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Paul Christopher Hawkes

director · Since 01/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 64 other boards

Mr Richard Kenneth Steer

director · Since 01/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 91 other boards

Persons with Significant Control

Steer Automotive Group Limited

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

105, High Street, Worcester, WR1 2HW

Reg: 08239702 · England And Wales · Private Company Limited By Shares

Notified 01/02/2024

Former PSCs

Lovells Automotive Holdings Limited

Ceased 01/02/2024

Charges1 outstanding

Charge
outstanding

ARES MANAGEMENT LIMITED AS SECURITY AGENT

Created 11/02/2025Registered 12/02/2025
Charge
satisfied

HSBC BANK PLC

Created 23/04/2014Registered 02/05/2014Satisfied 28/11/2023
charge
satisfied

HSBC BANK PLC

Created 01/03/2001Registered 09/03/2001Satisfied 09/02/2024

CompanyRankvs 2289+ SIC 45200 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.35× · 12/20
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 strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/05/2023

Net Worth

£2.3M

Balance sheet strength

Cash

£496k

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£5.2M

Current Liabilities

£3.9M

Fixed Assets

£1.8M

Debtors

£3.9M

Cost of Sales

£11.3M

Admin Expenses

£4.5M

Profit After Tax

£885k

211avg. employees+36

Tax at Year End

Corp tax£214k

People Costs

Wages & salaries£5.6M

Balance Sheet

Bank loans & overdrafts£329k
Assets less current liabilities£3.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.35+£885k
20221.17+£95k
20211.23-£24k
20201.22

Derived from filed accounts. Not audited figures.