Welsh Automotive Forum
04180696
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 15/03/2026
Due 29/03/2027
Industry
Officers
director · Since 18/07/2005
MANAGING DIRECTOR
BRITISH · WALES · Age 63
Also on 5 other boards
director · Since 20/09/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 64
Also on 3 other boards
director · Since 17/01/2025
PROCUREMENT DIRECTOR
BRITISH · ENGLAND · Age 38
director · Since 07/11/2025
HEAD OF MANUFACTURING
BRITISH · UNITED KINGDOM · Age 43
director · Since 07/11/2025
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 6 other boards
director · Since 07/11/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 1 other board
director · Since 12/11/2025
DIRECTOR
BRITISH · WALES · Age 52
Also on 4 other boards
Persons with Significant Control
Sector Development Wales Partnership
Waterton Centre, Waterton Industrial Estate, Bridgend, CF31 3WT
Reg: Not Known · Wales · Company Limited By Guarantee
Notified 10/04/2016
CompanyRankvs 106350+ SIC 82990 peers71
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.82 | -£179k |
| 2024 | 3.23 | — |
Derived from filed accounts. Not audited figures.