Mike Smith Cars Limited
04703105
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/03/2003
CATERER
BRITISH · UNITED KINGDOM · Age 75
Also on 3 other boards
secretary · Since 20/03/2003
BRITISH · UNITED KINGDOM · Age 75
Also on 3 other boards
director · Since 13/03/2017
MECHANIC
BRITISH · ENGLAND · Age 42
Also on 1 other board
Persons with Significant Control
Mr Michael Stephen Smith
British · England · Age 75
123 Cloud Accounting Ltd, 31 Brookfields Way, East Leake, LE12 6HD
Notified 06/04/2016
CompanyRankvs 4548+ SIC 45200 peers80
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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
£104k
Balance sheet strength
Cash
£115k
Cash in the bank
Net Current Assets
£67k
Working capital
Current Assets
£145k
Current Liabilities
£78k
Fixed Assets
£46k
Debtors
£23k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.86 | +£0 |
| 2025 | 1.86 | -£4k |
| 2024 | 1.59 | -£29k |
| 2023 | 1.90 | +£14k |
| 2022 | 2.10 | -£29k |
| 2021 | 2.91 | +£15k |
| 2020 | 3.31 | -£5k |
| 2019 | 2.40 | — |
Derived from filed accounts. Not audited figures.