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Garage 59 Limited

04562550

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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
satisfied

LLOYDS BANK PLC

Created 13/11/2015Registered 16/11/2015Satisfied 23/12/2019
Charge
outstanding

LLOYDS BANK PLC

Created 01/10/2015Registered 01/10/2015
charge
satisfied

LIBERTY LEASING PLC

Created 23/06/2010Registered 06/07/2010Satisfied 16/05/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/10/2007Registered 01/11/2007Satisfied 16/02/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/02/2007Registered 01/03/2007Satisfied 16/02/2016

CompanyRankvs 50877+ SIC 96090 peers
30

Financial strength35th percentile among SIC peers · 9/25
Employees70th percentile among SIC peers · 11/15
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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50877Garage 59 Limited
50
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.

Employees11/15 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 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£290

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

—

Current Liabilities

£1.7M

2avg. employees

Tax at Year End(2022)

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.00
20220.01

Derived from filed accounts. Not audited figures.