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Nottingham Car.Com (Meadow Lane) Limited

07402460

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

22A MAIN ROAD, NOTTINGHAM, NG4 3HP
Incorporated 11/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Charles Stanley Sumner

director · Since 11/10/2010

MOTOR TRADER

BRITISH · ENGLAND · Age 58

Mrs Laura Elizabeth Sumner

director · Since 01/03/2016

SALES

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Nottinghamcar.Com (Meadow Lane) Holdings Limited

75–100% shares
75–100% votes

Eastwoods Warehouse, Meadow Lane, Nottingham, NG2 3HQ

Reg: 13562054 · Companies House · Limited Company

Notified 01/11/2021

Former PSCs

Mr Charles Stanley Sumner

Ceased 01/11/2021

Mrs Laura Elizabeth Sumner

Ceased 01/11/2021

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 28/02/2023Registered 28/02/2023
Charge
outstanding

HSBC UK BANK PLC

Created 08/02/2021Registered 15/02/2021
Charge
outstanding

HSBC UK BANK PLC

Created 04/07/2019Registered 08/07/2019
Charge
outstanding

HSBC UK BANK PLC

Created 02/07/2019Registered 05/07/2019

CompanyRankvs 227+ SIC 45112 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.84× · 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 strength25/25 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.

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 31/10/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£403k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.9M

Current Liabilities

£677k

Fixed Assets

£1.1M

Debtors

£102k

7avg. employees+1

Balance Sheet

Bank loans & overdrafts£886k
Assets less current liabilities£2.4M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.84-£138k
20238.25-£13k
202211.49-£1k
202110.15+£320k
202013.66+£210k
20194.49

Derived from filed accounts. Not audited figures.