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Affordable Cars (Driffield) Limited

09889589

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

6 GEORGE STREET, DRIFFIELD, YO25 6RA
Incorporated 26/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mrs Heather Jane Tate

director · Since 26/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Mr Kevin Ian Tate

director · Since 26/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Mr Nicholas David Stones

director · Since 01/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Mrs Hayley Mills

director · Since 01/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Justin Robert Honess

director · Since 30/01/2026

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Nicholas David Stones

25–50% shares
25–50% votes
Appoint directors

British · England · Age 39

7 Nafferton Road, Wansford, Driffield, YO25 8NS

Notified 06/04/2016

Former PSCs

Mrs Heather Jane Tate

Ceased 27/07/2022

Mr. Kevin Ian Tate

Ceased 28/10/2021

CompanyRankvs 3386+ SIC 45112 peers
73

Financial strength84th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

Longevity11/15 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 30/11/2024

Net Worth

£97k

Balance sheet strength

Cash

£69k

Cash in the bank

Net Current Assets

£110k

Working capital

Current Assets

£649k

Current Liabilities

£539k

Fixed Assets

£13k

9avg. employees+3

Tax at Year End

Corp tax£32k

Balance Sheet

Assets less current liabilities£123k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20+£44k
20231.13+£18k
20221.14+£24k
20211.10+£7k
20201.06
20190.98
20181.05

Derived from filed accounts. Not audited figures.