Tyne Tees Vehicle Repair Group Limited
06660384
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/11/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 64 other boards
director · Since 30/11/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 91 other boards
Persons with Significant Control
Steer Automotive Group Limited
105, High Street, Worcester, WR1 2HW
Reg: 08239702 · Companies House · Private Company Limited By Shares
Notified 30/11/2021
Former PSCs
Mr Darren Norton
Ceased 30/11/2021
Charges1 outstanding
ARES MANAGEMENT LIMITED (THE “SECURITY AGENT�) AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSF
ARES MANAGEMENT LIMITED AS SECURITY AGENT AND TRUSTEE FOR THE BENEFICIARIES.
ARES MANAGEMENT LIMITED AS SECURITY AGENT FOR THE BENEFICIARIES
CHILTERN CAPITAL NOMINEES (TORRENT) LIMITED
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 203+ SIC 45200 peers70
Show leaderboard
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 director with respect to going concern are de
Key FinancialsYear ending 31/03/2021
Turnover
£8.4M
Annual revenue
Net Worth
£4.6M
Balance sheet strength
Cash
£4.5M
Cash in the bank
Profit Before Tax
£2.5M
Bottom line earnings
Net Current Assets
£3.9M
Working capital
Current Assets
£5.6M
Current Liabilities
£1.7M
Fixed Assets
£883k
Debtors
£1.1M
Cost of Sales
£4.5M
Gross Profit
£3.8M
Admin Expenses
£1.7M
Operating Profit
£2.5M
Profit After Tax
£2.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 3.28 | -£2.6M |
| 2020 | 3.76 | — |
Derived from filed accounts. Not audited figures.