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Gentlemen Of Salvage Ltd

08162550

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

THE MEWS, COLYTON, EX24 6JU
Incorporated 31/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Justin Peter Werb

director · Since 31/07/2012

BUSINESSMAN

BRITISH · ENGLAND · Age 55

Also on 13 other boards

Mr Luke Mole

director · Since 01/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Justin Peter Werb

25–50% shares

British · England · Age 55

Samurai Buildings, Seaton Junction, Axminster, EX13 7PW

Notified 31/07/2016

Mr Luke Mole

25–50% shares

British · England · Age 46

75, Mullards Close, Mitcham, CR4 4FD

Notified 31/07/2016

Former PSCs

Mr James Cockram

Ceased 31/05/2022

CompanyRankvs 2724+ SIC 45320 peers
66

Financial strength70th percentile among SIC peers · 18/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/08/2024

Net Worth

£22k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£69k

Current Liabilities

£94k

Fixed Assets

£33k

Debtors

£9k

7avg. employees

Balance Sheet

Intangible assets£21k
Assets less current liabilities£9k
Signed by 08162550 2023-09-01 2024-08-31 08162550 2024-08-31 08162550 bus:OrdinaryShareClass1 2024-08-31 08162550 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.74+£20k
20231.16-£243
20221.02+£29k
20211.21-£40k
20204.10-£2k
20191.32-£9k
20181.75

Derived from filed accounts. Not audited figures.