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Enable Trading Limited

06407965

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

9A BROAD STREET, BERKSHIRE, RG40 1AU
Incorporated 24/10/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45190
Sale of other motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Jonathan Francis Scherer

secretary · Since 10/12/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 39 other boards

Mr Theodorus Ernst Fonternel

director · Since 10/12/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 9 other boards

Mr Stephen David Louis

director · Since 10/12/2007

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 15 other boards

Mr Michael Peter Ross

director · Since 10/12/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 7 other boards

Mr Jonathan Francis Scherer

director · Since 10/12/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 39 other boards

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 10/12/2007Registered 21/12/2007

CompanyRankvs 27+ SIC 45190 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.17× · 20/20
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.

Liquidity20/20 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the Group strategic report, report of the directors and consolidated financial statements are authorised for issue. Our responsibilities

Key FinancialsYear ending 31/12/2023

Turnover

£14.6M

Annual revenue

Net Worth

£5.9M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Profit Before Tax

-£1.3M

Bottom line earnings

Net Current Assets

£4.5M

Working capital

Current Assets

£5.9M

Current Liabilities

£1.4M

Fixed Assets

£1.6M

Debtors

£544k

Cost of Sales

£10.5M

Gross Profit

£4.1M

Admin Expenses

£5.5M

Operating Profit

-£1.4M

Profit After Tax

-£1.6M

48avg. employees-2

Tax at Year End

Corp tax£156k
Dividends paid£400k

People Costs

Wages & salaries£1.4M
NI contributions£136k

Balance Sheet

Intangible assets£734k
Assets less current liabilities£6.0M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20234.17-£2.0M
20224.76+£4.2M
20213.06

Derived from filed accounts. Not audited figures.