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Witham Garage Ltd

05246180

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

3 CASTLEGATE, LINCOLNSHIRE, NG31 6SF
Incorporated 29/09/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Mr Lance Keith Coaten

secretary · Since 02/05/2005

MOTOR DEALER

BRITISH · ENGLAND · Age 54

Also on 6 other boards

Mr Lance Keith Coaten

director · Since 02/05/2005

MOTOR DEALER

BRITISH · ENGLAND · Age 54

Also on 6 other boards

Mr Graham Kenneth Limbrick

director · Since 02/05/2005

MOTOR DEALER

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Persons with Significant Control

Witham Holdings Limited

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

3 Castlegate, Grantham, NG31 6SF

Reg: 11215380 · Companies House · Company Limited By Shares

Notified 27/02/2018

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/01/2017Registered 16/01/2017Satisfied 11/10/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/08/2016Registered 12/08/2016Satisfied 11/10/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/12/2009Registered 23/12/2009Satisfied 11/10/2018

CompanyRankvs 101+ SIC 45112 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.97× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Wilsons Automobiles And Coachworks Limited
90
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90
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90
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90
5Leeson'S Garage Limited
90
6Platts Motor Company Limited
90
7D.G. Weaver Limited
90
8Ben Smith & Sons(Wantage)Limited
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9Holders Of Congresbury Limited
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10Westridge Garage (Ryde) Limited
90
101Witham Garage Ltd
90
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.

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

£2.2M

Balance sheet strength

Cash

£872k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.9M

Current Liabilities

£979k

Fixed Assets

£312k

Debtors

£497k

34avg. employees

Tax at Year End(2021)

Corp tax£258k
Dividends paid£1.1M

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.97-£261k
20242.86+£40k
20233.16+£979k
20221.46+£237k
20211.59+£142k
20201.58-£97k
20191.37—

Derived from filed accounts. Not audited figures.