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Eden Automotive Limited

06256143

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

38-40 PORTMAN ROAD, READING, RG30 1JG
Incorporated 23/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr Graeme John Potts

director · Since 18/10/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 7 other boards

Ms Nicola Hadley

secretary · Since 14/06/2018

Also on 8 other boards

Ms Nicola Hadley

director · Since 14/06/2018

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 64

Also on 8 other boards

Mr Stephen Peter Belcher

director · Since 23/11/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Persons with Significant Control

Eden Automotive Investments Limited

75–100% shares
75–100% votes

38-40, Portman Road, Reading, RG30 1JG

Reg: 06256215 · England And Wales Companies Registry · Private Company Limited By Shares

Notified 06/04/2016

Former PSCs

General Motors Uk Limited

Ceased 18/06/2018

Charges5 outstanding

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outstanding

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charge
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BARCLAYS BANK PLC

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charge
satisfied

BARCLAYS BANK PLC

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charge
outstanding

BARCLAYS BANK PLC

Created 09/01/2008Registered 18/01/2008
charge
outstanding

GMAC UK PLC

Created 09/01/2008Registered 16/01/2008
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satisfied

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satisfied

BARCLAYS BANK PLC

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charge
satisfied

VAUXHALL MOTORS LIMITED

Created 09/01/2008Registered 12/01/2008Satisfied 14/06/2018

CompanyRankvs 215+ SIC 45111 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.37× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

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 concern are d

Key FinancialsYear ending 31/12/2020

Turnover

£180.1M

Annual revenue

Net Worth

£20.8M

Balance sheet strength

Cash

£9.5M

Cash in the bank

Profit Before Tax

£306k

Bottom line earnings

Net Current Assets

£12.3M

Working capital

Current Assets

£45.8M

Current Liabilities

£33.5M

Fixed Assets

£8.5M

Debtors

£11.6M

Cost of Sales

£158.9M

Gross Profit

£21.1M

Admin Expenses

£23.4M

Operating Profit

£654k

Profit After Tax

£251k

584avg. employees

Tax at Year End

Corp tax£113k

People Costs

Wages & salaries£16.1M
NI contributions£1.4M

Balance Sheet

Assets less current liabilities£20.8M
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
20201.37

Derived from filed accounts. Not audited figures.