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Smc Car Sales Limited

06009578

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

RECOVERY HOUSE HAINAULT BUSINESS PARK, ILFORD, IG6 3TU
Incorporated 24/11/2006

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

30/12/2024

Overdue

Confirmation statement

Last: 24/11/2024

Due 08/12/2025

Overdue

Industry

45112
Sale of used cars and light motor vehicles

Officers

Lisa Jane Brown

director · Since 14/08/2022

PSYCHOTHERAPIST

BRITISH · ENGLAND · Age 58

Mr Charles James Paul Savin

director · Since 16/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 7 other boards

Persons with Significant Control

Mr Charles James Paul Savin

Significant control

British · England · Age 53

Lakeview House, 4 Woodbrook Crescent, Billericay, CM12 0EQ

Notified 16/08/2022

Former PSCs

Mr Simon John Morris

Ceased 11/08/2022

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 31/01/2022Registered 04/02/2022

Insolvency History1 case

creditors voluntary liquidation18/12/2024

Alan John Clark (practitioner)

CompanyRankvs 15+ SIC 45112 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.69× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity16/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£111k

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

£495k

Working capital

Current Assets

£1.2M

Current Liabilities

£716k

Fixed Assets

£48k

Debtors

£146k

5avg. employees-2

Balance Sheet

Assets less current liabilities£543k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.69-£246k
20221.30+£62k
20211.26+£265k
20201.12+£8k
20191.13

Derived from filed accounts. Not audited figures.