Faintree Garage Limited
06076057
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/01/2007
SALESMAN
BRITISH · UNITED KINGDOM · Age 54
Also on 1 other board
director · Since 30/11/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 2 other boards
secretary · Since 29/09/2024
secretary · Since 29/09/2024
Persons with Significant Control
Faintree Holdings Limited
Faintree Skoda, Stafford Park 1, Telford, TF3 3BD
Reg: 11625717 · Companies House · Private Company Limited By Shares
Notified 30/11/2018
Former PSCs
Mr Paul Graham Wedgbury
Ceased 30/11/2018
Charges3 outstanding
BARCLAYS BANK PLC
VOLKSWAGEN BANK GMBH
BARCLAYS BANK PLC
BARCLAYS BANK PLC
VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED
CompanyRankvs 355+ SIC 45111 peers63
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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
£18.7M
Annual revenue
Net Worth
£2.6M
Balance sheet strength
Cash
£904k
Cash in the bank
Profit Before Tax
£320k
Bottom line earnings
Net Current Assets
£1.7M
Working capital
Current Assets
£4.4M
Current Liabilities
£2.7M
Fixed Assets
£1.1M
Debtors
£1.3M
Cost of Sales
£17.6M
Gross Profit
£1.1M
Admin Expenses
£679k
Operating Profit
£438k
Profit After Tax
£240k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.63 | +£65k |
| 2023 | 1.82 | +£244k |
| 2022 | 1.95 | +£475k |
| 2021 | 1.61 | — |
Derived from filed accounts. Not audited figures.