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Economy Spares Limited

07537802

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

100A HENSHAW LANE, LEEDS, LS19 7RZ
Incorporated 22/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mrs Ann Horner

director · Since 22/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 70

Mr Carl Horner

director · Since 22/02/2011

MOTOR ENGINEER

BRITISH · ENGLAND · Age 44

Mr Jeremy Horner

director · Since 22/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr Lee Horner

director · Since 22/02/2011

MOTOR ENGINEER

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mrs Ann Horner

25–50% shares

British · England · Age 70

100a, Henshaw Lane, Leeds, LS19 7RZ

Notified 06/04/2016

Mr Jeremy Horner

25–50% shares

British · England · Age 70

100a, Henshaw Lane, Leeds, LS19 7RZ

Notified 06/04/2016

Mr Lee Horner

25–50% shares

British · England · Age 46

100a, Henshaw Lane, Leeds, LS19 7RZ

Notified 06/04/2016

Mr Carl Horner

25–50% shares

British · England · Age 44

100a, Henshaw Lane, Leeds, LS19 7RZ

Notified 06/04/2016

CompanyRankvs 801+ SIC 45320 peers
79

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 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.

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

£257k

Balance sheet strength

Cash

£152k

Cash in the bank

Net Current Assets

£189k

Working capital

Current Assets

£601k

Current Liabilities

£412k

Fixed Assets

£83k

Debtors

£212k

11avg. employees

Balance Sheet

Assets less current liabilities£272k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.46+£519
20241.42-£12k
20231.39+£90k
20221.27+£67k
20211.16+£18k
20201.13-£61k
20191.33—

Derived from filed accounts. Not audited figures.