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Exchange Trading Company Limited

05455284

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

50-52 AIRE STREET, GOOLE, DN14 5QE
Incorporated 17/05/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Paul Robert Askew

director · Since 17/05/2005

ENGINEER

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Paul Robert Askew

75–100% shares
75–100% votes

British · England · Age 59

West View Treswell Road, South Leverton, Retford, DN22 0BP

Notified 06/04/2016

CompanyRankvs 14881+ SIC 45112 peers
30

Financial strength23th percentile among SIC peers · 6/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 31/05/2025

Net Worth

£1

Balance sheet strength

Cash

£518

Cash in the bank

Net Current Assets

-£208k

Working capital

Current Assets

£32k

Current Liabilities

£240k

Fixed Assets

£63k

Debtors

£31k

0avg. employees

Balance Sheet

Assets less current liabilities-£145k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.13
20250.13
20240.13
20230.13
20220.13
20210.11

Derived from filed accounts. Not audited figures.