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Argo City Ltd

06841637

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 3 SHAW PARK BUSINESS VILLAGE, WOLVERHAMPTON, WV10 9LE
Incorporated 10/03/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Andrew Richard Morris

secretary · Since 20/04/2009

AUTO PARTS DEALER

ENGLISH · ENGLAND · Age 44

Also on 3 other boards

Mr Andrew Richard Morris

director · Since 20/04/2009

AUTO PARTS DEALER

ENGLISH · ENGLAND · Age 44

Also on 3 other boards

Mr Mark Andrew Pullen

director · Since 20/04/2009

AUTO PARTS DEALER

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr Andrew Richard Morris

25–50% shares
25–50% votes

English · England · Age 44

20, Goodwood Drive, Wolverhampton, WV10 6GH

Notified 06/04/2016

Mr Mark Andrew Pullen

25–50% shares
25–50% votes

British · United Kingdom · Age 42

60, Snowdon Way, Wolverhampton, WV10 6JZ

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 21/06/2016Registered 22/06/2016
Charge
outstanding

LLOYDS BANK PLC

Created 19/04/2016Registered 25/04/2016

CompanyRankvs 3153+ SIC 47990 peers
69

Financial strength76th percentile among SIC peers · 19/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.99× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3153Argo City Ltd
75
How is this score calculated?
Financial strength19/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 31/03/2025

Net Worth

£13k

Balance sheet strength

Cash

£45k

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£119k

Current Liabilities

£60k

Fixed Assets

£8k

Debtors

£19k

9avg. employees

Tax at Year End

Corp tax£7k
VAT£21k

Director Loans

Company owes directors£1k
Directors owe company£16k

Balance Sheet

Intangible assets£6k
Assets less current liabilities£68k
Signed by Mr Andrew Morris 29 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.99+£40k£411k
20241.90—£199k
20231.21—£377k
20221.71+£12k£293k
20211.47—£338k

Derived from filed accounts. Not audited figures.