Sherwood Cars (Newark) Limited
06952505
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/07/2025
micro entity
Next accounts due
30/04/2027
Confirmation statement
Last: 21/07/2025
Due 04/08/2026
Industry
Officers
director · Since 06/07/2009
MANAGER
BRITISH · UNITED KINGDOM · Age 60
Also on 2 other boards
Former
corporate secretary · Resigned 15/02/2017
Persons with Significant Control
Mr Simon John Sparks
British · United Kingdom · Age 60
Lockton House Business Centre, King Street, Mablethorpe, LN12 2EQ
Notified 21/07/2016
Change History
Active
Private Limited Company
LOCKTON HOUSE BUSINESS CENTRE
MABLETHORPE
CompanyRankvs 8014+ SIC 49320 peers38
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
-£65k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£47k
Working capital
Current Assets
£7k
Current Liabilities
£54k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.13 | -£16k |
| 2024 | 0.27 | -£22k |
| 2023 | 0.78 | — |
Derived from filed accounts. Not audited figures.