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Cort Vehicle Contracts Ltd

05451473

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

SUITE 1A 40, MANCHESTER, M2 6BA
Incorporated 12/05/2005

Compliance

Last accounts

31/12/2022

total exemption full

Next accounts due

30/09/2024

Overdue

Confirmation statement

Last: 25/11/2023

Due 09/12/2024

Overdue

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr Richard Thomas Cort

director · Since 12/05/2005

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 15 other boards

Mr William Howard Firth

director · Since 12/05/2005

DIRECTOR

ENGLISH · ENGLAND · Age 70

Also on 5 other boards

Persons with Significant Control

Mr William Howard Firth

25–50% shares

English · England · Age 70

Suite 1a 40, King Street, Manchester, M2 6BA

Notified 31/12/2016

Mr Richard Thomas Cort

25–50% shares

British · England · Age 70

Suite 1a 40, King Street, Manchester, M2 6BA

Notified 31/12/2016

Insolvency History1 case

creditors voluntary liquidation26/03/2024

Marco Piacquadio (practitioner) · Alan Brian Coleman (practitioner)

CompanyRankvs 15+ SIC 45111 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2022

Net Worth

£51k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£121k

Working capital

Current Assets

£377k

Current Liabilities

£256k

Fixed Assets

£853

Debtors

£179k

9avg. employees

Balance Sheet

Assets less current liabilities£122k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20221.47+£27k
20211.48—

Derived from filed accounts. Not audited figures.