Rallying With Group B Preservation Trust
07601719
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/04/2011
CAR RESTORER
BRITISH · ENGLAND · Age 60
Also on 3 other boards
Persons with Significant Control
Mr Timothy John Foster
British · England · Age 60
Unit 5a, Bridge Street, Accrington, BB5 4HU
Notified 06/04/2016
Former PSCs
Mr Jason Paul Crook
Ceased 26/04/2025
CompanyRankvs 14713+ SIC 93199 peers35
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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
-£114k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
-£79k
Working capital
Current Assets
£15k
Current Liabilities
£94k
Fixed Assets
£406
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.16 | -£21k |
| 2024 | 0.27 | -£13k |
| 2023 | 0.15 | -£7k |
| 2022 | — | -£24k |
| 2021 | — | -£57k |
| 2020 | 1.63 | +£13k |
| 2019 | -1.82 | — |
Derived from filed accounts. Not audited figures.