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Premier Automotive Trading Limited

08447145

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O RPGCC, LONDON, EC3V 0BT
Incorporated 15/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr. Murray Timothy William Gough

director · Since 15/03/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Persons with Significant Control

Mr. Murray Timothy William Gough

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

British · United Kingdom · Age 40

C/O Rpgcc, 40 Gracechurch Street, London, EC3V 0BT

Notified 06/04/2016

CompanyRankvs 32212+ SIC 45200 peers
24

Financial strength5th percentile among SIC peers · 1/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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32212Premier Automotive Trading Limited
34
How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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

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

Going Concern Doubt

reporting date.Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income. Other accounting policies Going concernThe Director has made an assessment of the Company's ability to continue as a going concern and is satisfied that the Company has the resources to continue in business for the forseeable fu

Key FinancialsYear ending 31/03/2020

Net Worth

-£48k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£73k

Working capital

Current Assets

£8k

Current Liabilities

£81k

Fixed Assets

£29k

Debtors

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£44k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20200.10

Derived from filed accounts. Not audited figures.