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Blackdown Motor Company Limited

04675485

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O 5 OLD FORGE ROAD, LUTTERWORTH, LE17 5NL
Incorporated 24/02/2003

Compliance

Last accounts

31/12/2022

full

Next accounts due

31/03/2025

Overdue

Confirmation statement

Last: 24/02/2024

Due 10/03/2025

Overdue

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr David James Sear-Mayes

secretary · Since 06/03/2003

EXECUTIVE

BRITISH · ENGLAND · Age 65

Also on 157 other boards

Christopher Clarkson

director · Since 06/03/2003

EXECUTIVE

BRITISH · UNITED KINGDOM · Age 73

Also on 7 other boards

Mr David James Sear-Mayes

director · Since 06/03/2003

EXECUTIVE

BRITISH · ENGLAND · Age 65

Also on 157 other boards

Persons with Significant Control

Mr David James Sear-Mayes

Significant control

British · England · Age 65

C/O 5, Old Forge Road, Lutterworth, LE17 5NL

Notified 01/01/2017

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 25/09/2015Registered 12/10/2015
Charge
outstanding

LLOYDS BANK PLC

Created 25/09/2015Registered 02/10/2015
Charge
satisfied

LLOYDS BANK PLC

Created 25/09/2015Registered 29/09/2015Satisfied 13/11/2024
charge
outstanding

GENERAL MOTORS ACCEPTANCE CORPORATION (UK) PLC

Created 08/08/2003Registered 21/08/2003
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/08/2003Registered 19/08/2003Satisfied 14/10/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/07/2003Registered 05/08/2003Satisfied 14/10/2015

Insolvency History1 case

creditors voluntary liquidation23/12/2024

Sonia Louise Baigent (practitioner)

CompanyRankvs 15+ SIC 45111 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity12/20 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

Insolvency history: -10 pts

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

Going Concern Doubt

support, and they are committed to doing so. These conditions, however indicate that a material uncertainty may exist and casts significant doubts over the company's ability to continue as a going concern. Notwithstanding this uncertainty, the directors conclude the company does have adequate resources and the necessary means to continue as a going concern in the normal course of business

Key FinancialsYear ending 31/12/2022

Turnover

£25.3M

Annual revenue

Net Worth

£1.3M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£190k

Bottom line earnings

Net Current Assets

£20k

Working capital

Current Assets

£5.4M

Current Liabilities

£5.4M

Fixed Assets

£1.8M

Debtors

£1.6M

Cost of Sales

£22.1M

Gross Profit

£3.2M

Admin Expenses

£3.2M

Profit After Tax

-£180k

82avg. employees

Tax at Year End

Dividends paid-£1.2M

People Costs

Wages & salaries£2.2M
NI contributions£204k

Balance Sheet

Bank loans & overdrafts£465k
Assets less current liabilities£1.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20221.00

Derived from filed accounts. Not audited figures.