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Amt Specialist Cars Limited

08403661

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

4 BINGLEY STREET, LEEDS, LS3 1LX
Incorporated 14/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Neil Mcgawley

director · Since 14/02/2013

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 6 other boards

David Andrew Cole

director · Since 01/03/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Amt Global Investments Limited

75–100% shares
75–100% votes
Appoint directors

4, Bingley Street, Leeds, LS3 1LX

Reg: 05904790 · England & Wales · Private Limited Company

Notified 27/08/2021

Former PSCs

Amt Vehicle Solutions Limited

Ceased 27/08/2021

Amt Global Investments Limited

Ceased 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 30/10/2013Registered 07/11/2013
Charge
satisfied

BANK OF SCOTLAND PLC

Created 25/04/2013Registered 30/04/2013Satisfied 10/11/2016

CompanyRankvs 5068+ SIC 45112 peers
50

Financial strength85th percentile among SIC peers · 21/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees15/15 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 30/04/2023

Turnover

£38.0M

Annual revenue

Net Worth

£109k

Balance sheet strength

Cash

£663k

Cash in the bank

Profit Before Tax

£29k

Bottom line earnings

Net Current Assets

-£255k

Working capital

Current Assets

£12.7M

Current Liabilities

£12.9M

Fixed Assets

£364k

Debtors

£3.8M

Cost of Sales

£35.3M

Gross Profit

£2.7M

Admin Expenses

£1.8M

Operating Profit

£340k

Profit After Tax

£29k

21avg. employees+11

People Costs

Wages & salaries£1.0M

Balance Sheet

Intangible assets£141k
Assets less current liabilities£109k
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20230.98+£430k
20210.89+£334k
20200.76-£205k
20190.73-£221k
20180.81

Derived from filed accounts. Not audited figures.