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National Vehicle Solutions Limited

05965455

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

PULMAN, DURHAM, DH1 5HA
Incorporated 12/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles

Officers

Mr Michael Pulman

director · Since 29/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 7 other boards

Persons with Significant Control

Mike Pulman Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Pulman, Abbey Road Industrial Estate, Durham, DH1 5HA

Reg: 07346666 · Companies House · Private Limited Company

Notified 29/01/2020

Former PSCs

Terence Mcleod

Ceased 29/01/2020

Charges3 outstanding

charge
outstanding

VOLKSWAGEN BANK GMBH

Created 31/07/2009Registered 14/08/2009
charge
satisfied

MANOR WALKS SHOPPING CENTRE TRUSTEE I LIMITED AND MANOR WALKS SHOPPING CENTRE TRUSTEE II LIMITE

Created 30/11/2006Registered 13/12/2006Satisfied 15/03/2019
charge
outstanding

VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED

Created 30/11/2006Registered 08/12/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/11/2006Registered 01/12/2006

CompanyRankvs 974+ SIC 45111 peers
58

Financial strength70th percentile among SIC peers · 18/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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974National Vehicle Solutions Limited
64
How is this score calculated?
Financial strength18/25 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.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2019

Turnover

£21.6M

Annual revenue

Net Worth

£197k

Balance sheet strength

Cash

£8k

Cash in the bank

Profit Before Tax

-£8k

Bottom line earnings

Net Current Assets

-£158k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.7M

Fixed Assets

£364k

Debtors

£272k

31avg. employees

Tax at Year End

Corp tax£6k

People Costs

Wages & salaries£1.2M

Balance Sheet

Assets less current liabilities£206k
Prepared with Sage Accounts Production 18.30 - FRS

EstimatesDerived

YearCurrent Ratio
20190.91

Derived from filed accounts. Not audited figures.