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M V Autos Limited

08352568

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

SPENDPENNY FORGE SWAN STREET, COLCHESTER, CO6 2EE
Incorporated 09/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Michael Charles Peter Vandervord

director · Since 09/01/2013

EXECUTIVE

BRITISH · ENGLAND · Age 41

Mr Michael David Francis

director · Since 25/07/2013

EXECUTIVE

BRITISH · ENGLAND · Age 72

Also on 2 other boards

Persons with Significant Control

Mr Michael Charles Peter Vandervord

75–100% shares
75–100% votes

British · England · Age 41

Spendpenny Forge, Swan Street, Colchester, CO6 2EE

Notified 06/04/2016

Former PSCs

Ms Linda Vandervoord

Ceased 20/01/2018

Mr Michael David Francis

Ceased 20/01/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/11/2013Registered 05/11/2013

CompanyRankvs 2615+ SIC 45112 peers
65

Financial strength66th percentile among SIC peers · 17/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 14.5× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees10/15 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.

Longevity13/15 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 31/01/2024

Net Worth

£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£166k

Working capital

Current Assets

£178k

Current Liabilities

£12k

2avg. employees

Balance Sheet

Assets less current liabilities£166k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202414.50-£4k
20231.53+£5k
20221.28+£8k
2021-£3k
20201.03+£2k
20191.00

Derived from filed accounts. Not audited figures.