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C.A.R.S. United Kingdom Limited

05491176

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

2ND FLOOR, LONDON, E1 6RA
Incorporated 25/06/2005

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/02/2026

Due 19/02/2027

On track

Industry

49410
Freight transport by road
50200
Sea and coastal freight water transport
51210
Freight air transport

Officers

Mr Chris Palmer

director · Since 08/02/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 7 other boards

Mr James Ronald Walker

director · Since 31/01/2024

MANAGING DIRECTOR

ENGLISH · ENGLAND · Age 49

Also on 7 other boards

Persons with Significant Control

C.A.R.S. Holdings Limited

75–100% shares
75–100% votes

2nd Floor, 168 Shoreditch High Street, London, E1 6RA

Reg: 05481676 · Engalnd & Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 23/05/2025Registered 06/06/2025
Charge
satisfied

BARINGS FINANCE LLC (AS THE COLLATERAL AGENT, AS DEFINED IN THE INSTRUMENT)

Created 20/02/2025Registered 25/02/2025Satisfied 18/11/2025
Charge
satisfied

LLOYDS BANK PLC

Created 29/06/2023Registered 03/07/2023Satisfied 18/02/2025
Charge
satisfied

LLOYDS BANK PLC

Created 29/06/2023Registered 03/07/2023Satisfied 17/02/2025
charge
satisfied

LLOYDS TSB BANK PLC

Created 07/05/2008Registered 15/05/2008Satisfied 17/02/2025
charge
satisfied

BARCLAYS BANK PLC

Created 22/12/2006Registered 04/01/2007Satisfied 28/06/2023
charge
satisfied

LLOYDS TSB BANK PLC

Created 20/01/2006Registered 02/02/2006Satisfied 10/12/2024

CompanyRankvs 1503+ SIC 49410 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£18.5M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Profit Before Tax

-£208k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£8.9M

Current Liabilities

£7.4M

Fixed Assets

£88k

Debtors

£6.4M

Cost of Sales

£11.5M

Gross Profit

£7.0M

Admin Expenses

£5.7M

Operating Profit

£1.3M

Profit After Tax

-£480k

33avg. employees+4

Tax at Year End

Dividends paid-£5.7M

People Costs

Wages & salaries£2.0M
NI contributions£216k

Balance Sheet

Intangible assets£2k
Assets less current liabilities£1.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.21-£980k
20231.46+£1.3M
20211.21

Derived from filed accounts. Not audited figures.