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Garrett Commercials Limited

05085050

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CAMELOT WORKS, YEOVIL, BA22 7LH
Incorporated 25/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45190
Sale of other motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Geoffrey Brian Garrett

director · Since 25/03/2004

ENGINEER

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Nicholas John Garrett

director · Since 25/03/2004

ENGINEER

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mrs Joanne Garrett

secretary · Since 01/01/2009

CHARTERED ACCOUNTANT

BRITISH · Age 52

Persons with Significant Control

Mr Geoffrey Brian Garrett

25–50% shares

British · England · Age 60

Camelot Works, Yeovil, BA22 7LH

Notified 06/04/2016

Mr Nicholas John Garrett

25–50% shares

British · England · Age 56

Plumtree Cottage, Stoke Trister, Wincanton, BA9 9PH

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/05/2019Registered 07/05/2019

CompanyRankvs 79+ SIC 45190 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.28× · 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 strength24/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£341k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.7M

Current Liabilities

£315k

Fixed Assets

£147k

Debtors

£1.1M

12avg. employees+1

Balance Sheet

Assets less current liabilities£1.5M
Signed by 05085050 2024-04-01 2025-03-31 05085050 2025-03-31 05085050 bus:OrdinaryShareClass1 2025-03-31 05085050 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20255.28+£14k
20244.69+£222k
20224.28+£144k
20213.85+£51k
20204.21+£16k
20195.25

Derived from filed accounts. Not audited figures.