Garages 2 Let Limited
09098030
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/06/2018
DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 1 other board
Persons with Significant Control
Miss Stephanie May Byford Smythe
British · England · Age 40
77, Woodthorne Road South, Wolverhampton, WV6 8SN
Notified 06/04/2016
Mrs Susan Jane Smythe
British · United Kingdom · Age 67
77, Woodthorne Road South, Wolverhampton, WV6 8SN
Notified 05/01/2026
Former PSCs
Mrs Susan Jane Smythe
Ceased 05/01/2026
Mr Patrick George Cameron Smythe
Ceased 15/12/2021
CompanyRankvs 77202+ SIC 68209 peers58
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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
£26k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£29k
Working capital
Current Assets
£25k
Current Liabilities
£54k
Fixed Assets
£56k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.46 | +£3k |
| 2024 | 0.40 | +£4k |
| 2023 | 0.29 | +£3k |
| 2022 | 0.16 | +£10k |
| 2020 | 0.12 | +£3k |
| 2019 | 0.08 | -£1k |
| 2018 | 0.08 | — |
Derived from filed accounts. Not audited figures.