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Gary'S Coaches Limited

04395942

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

550 VALLEY ROAD, NOTTINGHAM, NG5 1JJ
Incorporated 15/03/2002

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 15/03/2026

Due 29/03/2027

On track

Industry

52290
Other transportation support activities

Officers

Gary Victor Austin

secretary · Since 25/03/2002

British

Elaine Austin

director · Since 25/03/2002

English

Gary Victor Austin

director · Since 25/03/2002

English

Former

Form 10 Secretaries Fd Ltd

corporate nominee secretary · Resigned 20/03/2002

Form 10 Directors Fd Ltd

corporate nominee director · Resigned 20/03/2002

CompanyRankvs 128890+ SIC 52290 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£62k

Balance sheet strength

Cash

£494

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£554

Current Liabilities

£63k

Debtors

£60

Tax at Year End(2023)

VAT£23

Director Loans

Company owes directors£62k

Balance Sheet

Assets less current liabilities-£62k
Signed by Mr G V Austin 8 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.01+£5k
20230.01£460

Derived from filed accounts. Not audited figures.