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Garage 59 Group Ltd

09919285

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

T/A GARAGE 59 2 WARD ROAD, BRACKLEY, NN13 7LE
Incorporated 16/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Alexander Gustav Lennart West

director · Since 16/12/2015

BUSINESSMAN

SWEDISH · HONG KONG · Age 60

Mr Stephen Christopher Goodwin

director · Since 04/12/2018

BUSINESSMAN

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Andrew James Kirkaldy

director · Since 26/03/2019

BUSINESSMAN

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Alexander Gustav Lennart West

75–100% shares
50–75% votes
Appoint directors

Swedish · Hong Kong · Age 60

T/A Garage 59, 2 Ward Road, Brackley, NN13 7LE

Notified 06/04/2016

Former PSCs

Mrs Kristina Inger Harris West

Ceased 04/12/2018

Charges1 outstanding

Charge
outstanding

C.L. KJAERGAARD APS

Created 28/07/2023Registered 01/08/2023

CompanyRankvs 5402+ SIC 93199 peers
52

Financial strength2th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.02× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£304k

Balance sheet strength

Cash

£485k

Cash in the bank

Net Current Assets

£868k

Working capital

Current Assets

£1.3M

Current Liabilities

£429k

Fixed Assets

£3.8M

Debtors

£770k

17avg. employees

Balance Sheet

Assets less current liabilities£4.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.02+£975k
20230.28
20220.19
20210.17
20200.16
20190.23
20180.11

Derived from filed accounts. Not audited figures.