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Read Hyundai Kings Lynn Limited

08906665

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

RETFORD ROAD, WORKSOP, S80 2QD
Incorporated 21/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles

Officers

Mrs Nicola Jane Read

secretary · Since 21/02/2014

Also on 1 other board

Mr Michael David Read

director · Since 21/02/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mrs Nicola Jane Read

director · Since 21/02/2014

MARKETING MANAGER

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Persons with Significant Control

Read Motor Group Ltd

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

., Altyre Way, Hewitts Avenue Business Park, Grimsby, DN36 4RJ

Reg: 07110298 · England · Private Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HYUNDAI CAPITAL UK LIMITED

Created 02/06/2015Registered 08/06/2015
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 22/12/2014Registered 24/12/2014

CompanyRankvs 585+ SIC 45111 peers
64

Financial strength86th percentile among SIC peers · 22/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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.

Longevity12/15 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 31/12/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£4.4M

Current Liabilities

£3.2M

Fixed Assets

£31k

Debtors

£2.4M

15avg. employees-1

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.39+£169k
20231.45

Derived from filed accounts. Not audited figures.