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V12 Sports & Classics Ltd

05861786

active
ltd
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

The Midland Studio College, London Road, Hinckley, LE10 1HQ
Incorporated 29/06/2006

Previously known as

Viz Sports & Classics Limited · until 17/07/2006

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/06/2026

Due 28/06/2027

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Farhad Tailor

director · Since 29/06/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 6 other boards

Asiya Shaikh

secretary · Since 17/05/2008

SECRETARY

INDIAN · Age 46

Also on 1 other board

Ms Asiya Shaikh

director · Since 10/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Gary Woods

director · Since 26/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 64

Farhad Tailor

director · Since 29/06/2006

British · England · Age 49

Asiya Shaikh

secretary · Since 17/05/2008

Indian

Asiya Shaikh

director · Since 10/11/2014

British · England · Age 46

Gary Woods

director · Since 26/02/2018

British · England · Age 64

Former

Alexander Oliver Byrne

secretary · Resigned 17/05/2008

Simon Anthony Reeves

director · Resigned 15/06/2020

Christopher David Elvidge

director · Resigned 07/08/2020

Harkesh Bains

director · Resigned 03/12/2021

Ian Campbell

director · Resigned 29/04/2022

Persons with Significant Control

Mr Farhad Tailor

Significant control

British · England · Age 49

Unit 23, Harrowbrook Road, Hinckley, LE10 3DJ

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/02/2015Registered 16/02/2015

Change History

officer appointedSHAIKH, Asiya
2026-07-26
officer appointedSHAIKH, Asiya
2026-07-26
officer appointedTAILOR, Farhad
2026-07-26
officer appointedWOODS, Gary
2026-07-26
statusactive
2026-07-26

Active

typeltd
2026-07-26

Private Limited Company

address line1The Midland Studio College
2026-07-26

THE MIDLAND STUDIO COLLEGE

post townHinckley
2026-07-26

HINCKLEY

CompanyRankvs 1107+ SIC 45112 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.11× · 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

£235.2M

Annual revenue

Net Worth

£4.5M

Balance sheet strength

Cash

£3.7M

Cash in the bank

Profit Before Tax

£257k

Bottom line earnings

Net Current Assets

£4.6M

Working capital

Current Assets

£45.2M

Current Liabilities

£40.6M

Fixed Assets

£1.9M

Debtors

£7.3M

Cost of Sales

£227.3M

Gross Profit

£7.9M

Admin Expenses

£6.1M

Operating Profit

£2.7M

Profit After Tax

£128k

217avg. employees+2

Tax at Year End

Corp tax£159k
Dividends paid£595k

People Costs

Wages & salaries£8.3M
NI contributions£872k

Balance Sheet

Bank loans & overdrafts£500k
Assets less current liabilities£6.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11-£466k
20231.12

Derived from filed accounts. Not audited figures.