Morespace Garage Conversions Ltd
07391264
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/09/2010
BRICKLAYER
BRITISH · UNITED KINGDOM · Age 53
Also on 5 other boards
Persons with Significant Control
Red Roof Developments Limited
10a, High Street, Peterborough, PE6 8EB
Notified 06/05/2022
Former PSCs
Mr Andrew John Hubbard
Ceased 06/05/2022
Mrs Samantha Jane Hubbard
Ceased 06/05/2022
CompanyRankvs 14153+ SIC 41201 peers54
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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 31/03/2025
Net Worth
£12k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£795k
Current Liabilities
£804k
Fixed Assets
£44k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.99 | -£13k |
| 2024 | 1.09 | +£8k |
| 2023 | 1.15 | — |
Derived from filed accounts. Not audited figures.