V12 Sports & Classics Ltd
05861786
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 14/06/2025
Due 28/06/2026
Industry
Officers
director · Since 29/06/2006
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 6 other boards
Persons with Significant Control
Mr Farhad Tailor
British · England · Age 49
Unit 23, Harrowbrook Road, Hinckley, LE10 3DJ
Notified 01/07/2016
Charges1 outstanding
SANTANDER CONSUMER (UK) PLC
FIRSTRAND BANK LIMITED ACTING THROUGH ITS LONDON BRANCH FIRSTRAND BANK LIMITED (LONDON BRANCH)
NATIONAL WESTMINSTER BANK PLC
FUNDING CIRCLE RECOVERIES LIMITED AS SECURITY AGENT FOR THE VARIOUS LENDERS
CompanyRankvs 1115+ SIC 45112 peers62
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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
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
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.11 | -£466k |
| 2023 | 1.12 | -£158k |
| 2022 | 1.10 | -£619k |
| 2021 | 1.15 | +£3.7M |
| 2020 | 1.15 | — |
Derived from filed accounts. Not audited figures.