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German Automotive Limited

05957492

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

10 MILLENNIUM WAY, DERBY, DE24 8HP
Incorporated 05/10/2006

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

45200
Maintenance and repair of motor vehicles

Officers

Ian David Essex

director · Since 05/10/2006

SERVICE MANAGER

BRITISH · ENGLAND · Age 48

Mr Victor John Essex

director · Since 04/08/2017

RETIRED

BRITISH · ENGLAND · Age 80

Also on 1 other board

Mr Daniel Armson

director · Since 11/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Shaun Gray

director · Since 11/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Ian David Essex

75–100% shares
75–100% votes

British · England · Age 48

10, Millennium Way, Derby, DE24 8HP

Notified 05/10/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/04/2009Registered 20/05/2009Satisfied 14/07/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/04/2009Registered 23/04/2009Satisfied 14/07/2022

CompanyRankvs 21428+ SIC 45200 peers
48

Financial strength8th percentile among SIC peers · 2/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Wallis & Son Limited
90
2J.P. Arthur & Sons Limited
90
3T.Reeve And Son Limited
90
4P. Goddard & Sons Limited
90
5Leeson'S Garage Limited
90
6Hadleigh Tyre Services Limited
90
7Platts Motor Company Limited
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8Whartons Garage Limited
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9Holders Of Congresbury Limited
90
10Westridge Garage (Ryde) Limited
90
21428German Automotive Limited
48
How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

-£23k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£851k

Working capital

Current Assets

£13k

Current Liabilities

£864k

Fixed Assets

£977k

Debtors

£5k

Profit After Tax

-£266k

9avg. employees

Tax at Year End(2023)

VAT£36k

Director Loans(2018)

Company owes directors£8k

People Costs(2023)

Wages & salaries-£20k

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£126k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.02-£266k—
20230.05-£229k£717k
20220.21-£58k£546k
20210.26+£216k£475k
20200.21+£85k£603k
20190.19-£61k£73k
20180.31—£1.1M

Derived from filed accounts. Not audited figures.