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Motorline Direct Limited

04711366

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

29 ARBORETUM STREET, NOTTINGHAM, NG1 4JA
Incorporated 26/03/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Ashish Jobanputra

director · Since 26/03/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Ashish Jobanputra

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 55

29 Arboretum Street, Nottingham, NG1 4JA

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

HSBC BANK PLC

Created 22/05/2012Registered 29/05/2012Satisfied 09/02/2018
charge
outstanding

HSBC BANK PLC

Created 22/05/2012Registered 26/05/2012
charge
satisfied

MOSELEY GROUP (P.S.V.) PLC

Created 11/03/2009Registered 27/03/2009Satisfied 09/02/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/06/2003Registered 05/06/2003Satisfied 28/11/2012

CompanyRankvs 1279+ SIC 45112 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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10Westridge Garage (Ryde) Limited
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1279Motorline Direct Limited
81
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2024

Net Worth

£799k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£788k

Working capital

Current Assets

£4.5M

Current Liabilities

£3.7M

Fixed Assets

£151k

Debtors

£1.9M

Profit After Tax

-£8k

15avg. employees-1

Tax at Year End

Dividends paid£120k

Director Loans

Directors owe company£647k

People Costs(2020)

Wages & salaries£783k
NI contributions£79k

Balance Sheet

Bank loans & overdrafts£140k
Assets less current liabilities£940k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.21-£95k
20241.24-£180k
20231.30-£279k
20221.36+£50k
20211.43+£244k
20201.25-£420k
20191.23—

Derived from filed accounts. Not audited figures.