Glenspray Motors Limited
05360057
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/02/2005
MECHANIC
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
secretary · Since 17/08/2007
MOTOR REPAIR
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
Persons with Significant Control
Edward James Shears
British · United Kingdom · Age 52
169, Palace Meadow, Newton Abbot, TQ13 0PH
Notified 06/04/2016
James Richard Shears
British · United Kingdom · Age 48
Cremona, The Parade, Newton Abbot, TQ13 0JF
Notified 06/04/2016
CompanyRankvs 1642+ SIC 52290 peers74
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/11/2025
Net Worth
£944k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£217k
Current Liabilities
£223k
Fixed Assets
£951k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.98 | -£33k |
| 2024 | 1.21 | -£49k |
| 2023 | 1.40 | — |
Derived from filed accounts. Not audited figures.