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Car Spares Management Limited

09068281

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

90 SUMMER LANE, BIRMINGHAM, B19 3ND
Incorporated 03/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr Michael John Gardner

director · Since 03/06/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 6 other boards

Persons with Significant Control

Former PSCs

Car Spares (Distribution) Holdings Limited

Ceased 06/04/2016

CompanyRankvs 1650+ SIC 45310 peers
48

Financial strength18th percentile among SIC peers · 5/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1650Car Spares Management Limited
58
How is this score calculated?
Financial strength5/25 pts

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

Employees14/15 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

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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£876k

Annual revenue

Net Worth

£1

Balance sheet strength

Cash

£75k

Cash in the bank

Profit Before Tax

£43k

Bottom line earnings

Net Current Assets

£44k

Working capital

Current Assets

£217k

Current Liabilities

£173k

Debtors

£142k

Admin Expenses

£833k

Operating Profit

£43k

Profit After Tax

£34k

17avg. employees+1

Tax at Year End

Corp tax£10k
Dividends paid£10k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20211.25
20202.07
20191.27

Derived from filed accounts. Not audited figures.