G & L Auto Spares Limited
05612547
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/11/2005
ADMINISTRATOR
BRITISH · ENGLAND · Age 75
Also on 2 other boards
director · Since 01/08/2020
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 2 other boards
Persons with Significant Control
Watchorn Holdings Limited
The Maltings, Rosemary Lane, Halstead, CO9 1HZ
Reg: 13279197 · Companies House · Limited Company
Notified 18/05/2018
Former PSCs
Mr Graham Norman Watchorn
Ceased 18/05/2018
Mrs Linda Kathleen Watchorn
Ceased 26/03/2021
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 858+ SIC 38320 peers46
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£11k
Balance sheet strength
Cash
£480k
Cash in the bank
Net Current Assets
-£786k
Working capital
Current Assets
£605k
Current Liabilities
£1.4M
Fixed Assets
£807k
Debtors
£66k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.44 | -£52k |
| 2023 | 0.48 | -£46k |
| 2022 | 0.51 | -£1.3M |
| 2021 | 7.00 | +£14k |
| 2020 | 6.94 | -£17k |
| 2019 | 5.69 | +£55k |
| 2018 | 3.78 | — |
Derived from filed accounts. Not audited figures.