We Buy Cars In Spain Limited
09070402
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 04/06/2014
director · Since 04/06/2014
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 2 other boards
Persons with Significant Control
Mrs Maria Welbury
British · England · Age 62
550, Valley Road, Nottingham, NG5 1JJ
Notified 04/06/2017
Mr Mark Welbury
British · England · Age 66
550, Valley Road, Nottingham, NG5 1JJ
Notified 04/06/2017
CompanyRankvs 15293+ SIC 45112 peers44
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£82k
Balance sheet strength
Cash
£799
Cash in the bank
Net Current Assets
-£82k
Working capital
Current Assets
£266k
Current Liabilities
£348k
Fixed Assets
£12
Debtors
£77k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.77 | -£9k | — |
| 2024 | 0.78 | +£31k | — |
| 2023 | 0.76 | +£19k | — |
| 2022 | 0.73 | -£31k | £7k |
| 2021 | 0.68 | -£32k | — |
| 2020 | 0.52 | -£35k | — |
| 2019 | 0.81 | — | — |
Derived from filed accounts. Not audited figures.