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Southern Commercial Sales Limited

04777881

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

30-34 North Street, Hailsham, East Sussex, BN27 1DW
Incorporated 27/05/2003

Compliance

Last accounts

31/05/2025

medium

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 13/06/2025

Due 27/06/2026

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Katherine Mary Ware

secretary · Since 27/05/2003

British

William Digby-Ware

director · Since 27/05/2003

British · England · Age 54

Persons with Significant Control

Mr William Digby-Ware

75–100% shares
75–100% votes

British · England · Age 54

30-34 North Street, East Sussex, BN27 1DW

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 06/12/2006Registered 15/12/2006Satisfied 24/04/2023

Change History

status → active
2026-06-06

Active

type → ltd
2026-06-06

Private Limited Company

address line1 → 30-34 North Street
2026-06-06

30-34 NORTH STREET

post town → East Sussex
2026-06-06

EAST SUSSEX

CompanyRankvs 199+ SIC 45112 peers
79

Financial strength100th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 16.88× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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199Southern Commercial Sales Limited
89
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.

Employees14/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 31/05/2025

Turnover

£9.7M

Annual revenue

Net Worth

£8.6M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Profit Before Tax

£786k

Bottom line earnings

Net Current Assets

£8.0M

Working capital

Current Assets

£8.6M

Current Liabilities

£507k

Fixed Assets

£688k

Debtors

£3.5M

Cost of Sales

£8.2M

Gross Profit

£1.5M

Admin Expenses

£790k

Operating Profit

£721k

Profit After Tax

£590k

9avg. employees

Tax at Year End

Corp tax£179k
Dividends paid£342k

People Costs

Wages & salaries£367k
NI contributions£33k

Balance Sheet

Assets less current liabilities£8.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202516.88+£0
202516.88+£248k
202417.87+£587k
202315.92—

Derived from filed accounts. Not audited figures.