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Garage 59 Limited

04562550

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

OFFICE 4, RILEY STUDIOS, LONDON, N19 3JD
Incorporated 15/10/2002

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Michael John Hogg

director · Since 04/07/2019

COMPANY DIRECTOR

NEW ZEALANDER · BAHRAIN · Age 66

Also on 2 other boards

Persons with Significant Control

Mr Christos John Niarchos

significant-influence-or-control-as-trust

Canadian · United States · Age 61

Office 4, Riley Studios, 724 Holloway Road, London, N19 3JD

Notified 24/12/2025

Former PSCs

Cobra Group Holding Bv

Ceased 31/10/2019

Csa Holdings Ltd

Ceased 24/12/2025

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 01/10/2015Registered 01/10/2015

CompanyRankvs 51097+ SIC 96090 peers
29

Financial strength35th percentile among SIC peers · 9/25
Employees69th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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51097Garage 59 Limited
49
How is this score calculated?
Financial strength9/25 pts

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

Employees10/15 pts

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

Liquidity0/20 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

of group companies. Without their support it would materially effect the company's ability to continue as a going concern. 1.3 Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original matur

Key FinancialsYear ending 31/12/2025

Net Worth

£100

Balance sheet strength

Cash

£263

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

—

Current Liabilities

£1.7M

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.00

Derived from filed accounts. Not audited figures.