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Old Pit Garage Ltd

04844092

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

OLD PIT GARAGE WICK ROAD, BRISTOL, BS39 5XQ
Incorporated 24/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Sean Fisher Watts

secretary · Since 24/07/2003

GARAGE PROPRIETOR

BRITISH · UNITED KINGDOM · Age 62

Also on 7 other boards

Mr Douglas Fisher Watts

director · Since 24/07/2003

GARAGE PROPRIETOR

BRITISH · UNITED KINGDOM · Age 89

Mr Sean Fisher Watts

director · Since 24/07/2003

GARAGE PROPRIETOR

BRITISH · UNITED KINGDOM · Age 62

Also on 7 other boards

Persons with Significant Control

Mr Sean Fisher Watts

25–50% shares
25–50% votes
Significant control

British · United Kingdom · Age 62

Gooselade Cottage, Hollowbrook Lane, Bristol, BS40 8TH

Notified 26/07/2016

CompanyRankvs 1661+ SIC 45200 peers
84

Financial strength87th percentile among SIC peers · 22/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£149k

Balance sheet strength

Cash

£76k

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£115k

Current Liabilities

£56k

Fixed Assets

£90k

Debtors

£37k

5avg. employees

Tax at Year End(2018)

Corp tax£33k

Balance Sheet

Intangible assets£86k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.06-£3k
20241.87-£36k
20231.90+£34k
20221.31+£23k
20210.98+£30k
20200.62+£59k
20190.30+£31k
20180.22

Derived from filed accounts. Not audited figures.