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Welsh Automotive Forum

04180696

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
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)
  • Going concern doubt noted in accounts (-10)

Details

WATERTON CENTRE, BRIDGEND, CF31 3WT
Incorporated 15/03/2001

Compliance

Last accounts

31/03/2025

small

Accounts

Up to date

Confirmation statement

Last: 15/03/2026

Due

On track

Industry

82990
Other business support service activities

Officers

Mr Michael James Evans

director · Since 18/07/2005

MANAGING DIRECTOR

BRITISH · WALES

Also on 5 other boards

Mr Michael Keith Straughan

director · Since 20/09/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM

Also on 3 other boards

Mr Benjamin John Illingworth

director · Since 17/01/2025

PROCUREMENT DIRECTOR

BRITISH · ENGLAND

Claire Tait

director · Since 26/03/2025

SOLICITOR

BRITISH · WALES

Mr David James Gibbs Moore

director · Since 07/11/2025

HEAD OF MANUFACTURING

BRITISH · UNITED KINGDOM

Mr Philip John O'Donnell

director · Since 07/11/2025

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM

Also on 6 other boards

Mr Kyle Haydn Hatchard

director · Since 07/11/2025

DIRECTOR

BRITISH · UNITED KINGDOM

Also on 1 other board

Mr Adam Ryan Huckstep

director · Since 12/11/2025

DIRECTOR

BRITISH · WALES

Also on 4 other boards

Persons with Significant Control

Sector Development Wales Partnership

Significant control

Reg: Not Known · Wales · Company Limited By Guarantee

Notified 10/04/2016

CompanyRankvs 6344+ SIC 82990 peers
72

Financial strength76th percentile among SIC peers · 19/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6344Welsh Automotive Forum
82
How is this score calculated?
Financial strength19/25 pts

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

Employees13/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The directors have assessed whether there are any material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accou

Key FinancialsYear ending 31/03/2025

Net Worth

£42k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

£63k

Current Liabilities

£22k

Fixed Assets

£935

Debtors

£30k

3avg. employees

Balance Sheet

Assets less current liabilities£42k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20252.82-£179k
20243.23—

Derived from filed accounts. Not audited figures.