Madgwick Cars Limited
04219448
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
30/06/2025
micro entity
Next accounts due
31/03/2027
Confirmation statement
Last: 01/05/2025
Due 15/05/2026
Industry
Officers
Persons with Significant Control
Mr David George Carruthers
British · England · Age 77
Pagham Service Station, Bognor Regis, PO21 4TZ
Notified 06/04/2016
Mr Michael Paul Carruthers
British · England · Age 49
Pagham Service Station, Bognor Regis, PO21 4TZ
Notified 06/04/2016
CompanyRankvs 405+ SIC 29100 peers43
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£816
Current Liabilities
£5k
Fixed Assets
£553
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.18 | +£0 |
| 2025 | 0.18 | -£2k |
| 2024 | 0.57 | — |
| 2023 | 0.79 | — |
| 2022 | 0.60 | — |
| 2021 | 0.95 | — |
| 2020 | 0.89 | — |
| 2019 | 1.09 | — |
Derived from filed accounts. Not audited figures.