Back to search

Jm Performance Cars Limited

08726811

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

249-251 MERTON ROAD, LONDON, SW18 5EB
Incorporated 10/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Joseph Macari

director · Since 10/10/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 18 other boards

Persons with Significant Control

Mr Joseph Macari

75–100% shares

British · United Kingdom · Age 59

249-251, Merton Road, London, SW18 5EB

Notified 01/07/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 17/01/2024Registered 25/01/2024Satisfied 09/10/2025
Charge
satisfied

HSBC UK BANK PLC

Created 23/04/2021Registered 26/04/2021Satisfied 09/10/2025

CompanyRankvs 2624+ SIC 45112 peers
66

Financial strength83th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

Liquidity12/20 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

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the director with respect to

Key FinancialsYear ending 31/10/2024

Turnover

£14.1M

Annual revenue

Net Worth

£83k

Balance sheet strength

Cash

£402k

Cash in the bank

Profit Before Tax

£13k

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£8.8M

Current Liabilities

£8.8M

Debtors

£7.2M

Cost of Sales

£13.9M

Gross Profit

£154k

Admin Expenses

£69k

Profit After Tax

£2k

13avg. employees

People Costs

Wages & salaries£926k
NI contributions£118k
Signed by 08726811 2023-11-01 2024-10-31 08726811 2024-10-31 08726811 bus:OrdinaryShareClass1 2024-10-31 08726811 core:RetainedEarPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01+£2k
20231.01

Derived from filed accounts. Not audited figures.