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Cars Motorsport Limited

05491206

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2ND FLOOR, LONDON, E1 6RA
Incorporated 27/06/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Chris Palmer

director · Since 08/02/2023

British

James Ronald Walker

director · Since 31/01/2024

English

Former

Jeremy Noel Barker

secretary · Resigned 31/01/2024

Mark Christopher Mulford

secretary · Resigned 27/01/2006

Temple Secretaries Limited

corporate nominee secretary · Resigned 26/10/2005

Sanjay Arora

director · Resigned 01/08/2025

Jeremy Noel Barker

director · Resigned 31/01/2024

Jeremy Bullock

director · Resigned 30/09/2013

Jane Lesley Carson

director · Resigned 31/01/2023

James Ronald Walker

director · Resigned 01/06/2018

Ian Michael Winter

director · Resigned 08/09/2015

Company Directors Limited

corporate nominee director · Resigned 27/06/2005

CompanyRankvs 23600+ SIC 49410 peers
81

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2360Cars Motorsport Limited
81
How is this score calculated?
Financial strength24/25 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£567k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£144k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.8M

Fixed Assets

£962k

Debtors

£1.9M

23avg. employees+3

Tax at Year End(2023)

Corp tax£199k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.08+£249k
20231.03—

Derived from filed accounts. Not audited figures.