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Autoflex Limited

08534202

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

427A OTLEY ROAD, LEEDS, LS16 6AJ
Incorporated 17/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Nigel Roderick Mckenzie

director · Since 28/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Asset Finance Uk Holdings Limited

75–100% shares

427a, Otley Road, Leeds, LS16 6AJ

Reg: 08484098 · England And Wales · Private Limited Company

Notified 30/03/2021

Former PSCs

Mr Nigel Roderick Mckenzie

Ceased 30/03/2021

Charges6 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED

Created 09/01/2026Registered 14/01/2026
Charge
outstanding

PARAGON BUSINESS FINANCE PLC

Created 25/11/2025Registered 04/12/2025
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 29/05/2024Registered 30/05/2024
Charge
outstanding

ALDERMORE BANK PLC

Created 03/07/2023Registered 11/07/2023
Charge
outstanding

ALDERMORE BANK PLC

Created 23/01/2023Registered 01/02/2023
Charge
satisfied

ALDERMORE BANK PLC

Created 11/10/2021Registered 01/11/2021Satisfied 16/09/2025
Charge
outstanding

RENAISSANCE ASSET FINANCE LIMITED

Created 23/07/2021Registered 02/08/2021
Charge
satisfied

PARAGON BUSINESS FINANCE PLC

Created 07/05/2021Registered 13/05/2021Satisfied 26/08/2025
Charge
satisfied

ALDERMORE BANK PLC

Created 21/01/2021Registered 21/01/2021Satisfied 16/09/2025

CompanyRankvs 502+ SIC 45111 peers
56

Financial strength81th percentile among SIC peers · 20/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.42× · 20/20
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 strength20/25 pts

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

Employees8/15 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

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going conce

Key FinancialsYear ending 31/03/2025

Net Worth

£777k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.1M

Debtors

£2.5M

2avg. employees+1

Balance Sheet

Assets less current liabilities£1.5M
Signed by Mr Nigel McKenzie 13 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.42+£345k
20242.56+£44k
20232.49+£37k
20223.06+£259k
20212.49+£83k
20202.05
20190.91

Derived from filed accounts. Not audited figures.