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R W Cars Limited

04775040

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 8, DERBY, DE1 3QB
Incorporated 22/05/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Jonathan Paul Wareham

secretary · Since 27/05/2003

IT CONSULTANT

BRITISH · Age 51

Mr Richard Vincent Wareham

director · Since 27/05/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Rw Cars Holdings Limited

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

Unit 8, Prime Enterprise Park, Derby, DE1 3QB

Reg: 15236501 · Companies House · Private Company Limited By Shares

Notified 27/11/2023

Former PSCs

Mr Richard Wareham

Ceased 27/11/2023

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 19/12/2024Registered 24/12/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 23/03/2018Registered 04/04/2018

CompanyRankvs 93+ SIC 45112 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£3.2M

Balance sheet strength

Cash

£197k

Cash in the bank

Net Current Assets

£3.3M

Working capital

Current Assets

£4.1M

Current Liabilities

£741k

Fixed Assets

£124k

Debtors

£916k

31avg. employees+4

Tax at Year End

Corp tax£151k

Director Loans(2023)

Directors owe company£63k

Balance Sheet

Bank loans & overdrafts£123k
Assets less current liabilities£3.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20255.47+£398k
20245.05+£372k
20233.90+£181k£3.4M
20223.22+£335k£2.2M
20212.80£7.6M
20203.68£1.4M
20193.00£1.6M

Derived from filed accounts. Not audited figures.