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Auto Spares (Canvey Island) Limited

08907566

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 KINGS ROAD, CANVEY ISLAND, SS8 0QY
Incorporated 24/02/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/02/2026

Due 23/02/2027

On track

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Nigel Robert Harvey

director · Since 24/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 13 other boards

Mr Paul Eden Whayling

director · Since 24/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Nigel Robert Harvey

25–50% shares
25–50% votes

British · England · Age 74

1, Kings Road, Canvey Island, SS8 0QY

Notified 06/04/2016

Mr Paul Eden Whayling

50–75% shares

British · England · Age 63

1, Kings Road, Canvey Island, SS8 0QY

Notified 06/04/2016

CompanyRankvs 27582+ SIC 45200 peers
39

Financial strength3th percentile among SIC peers · 1/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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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.

Employees9/15 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.

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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£68k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£73k

Working capital

Current Assets

£5k

Current Liabilities

£78k

Fixed Assets

£7k

Debtors

£4k

3avg. employees+6

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities-£67k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£2k
20240.20+£9k
20230.11-£155k
20220.25+£147k
20210.24

Derived from filed accounts. Not audited figures.