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Chicane Classics Limited

06586082

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE SONDEX BUILDING FORD LANE, HOOK, RG27 0RH
Incorporated 07/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Mr Johnathan William Watson

director · Since 07/05/2008

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Johnathan William Watson

75–100% shares

British · England · Age 57

The Sondex Building, Ford Lane, Hook, RG27 0RH

Notified 01/06/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 03/11/2025Registered 03/11/2025

CompanyRankvs 102+ SIC 29320 peers
75

Financial strength89th percentile among SIC peers · 22/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.37× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£350k

Balance sheet strength

Cash

£171k

Cash in the bank

Net Current Assets

£235k

Working capital

Current Assets

£334k

Current Liabilities

£99k

Fixed Assets

£117k

Debtors

£68k

9avg. employees

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities£352k
Signed by 06586082 2024-06-01 2025-05-31 06586082 2025-05-31 06586082 core:RetainedEarningsAccumulatedLosses 2025-05-31 06586082 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.37+£0
20253.37-£30k
20243.18+£44k
20233.50+£65k
20223.51+£48k
20213.35

Derived from filed accounts. Not audited figures.