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We Buy Prestige Car Ltd

09949446

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

30 ROBJOHNS ROAD, CHELMSFORD, CM1 3AG
Incorporated 13/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr Alan Austin

director · Since 13/01/2016

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 6 other boards

Mr Danny Austin

director · Since 13/01/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Mr Glen Austin

director · Since 13/01/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Mrs Janice Austin

director · Since 13/01/2016

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 1 other board

Persons with Significant Control

Mr Alan Austin

Significant control

British · England · Age 75

30, Robjohns Road, Chelmsford, CM1 3AG

Notified 30/09/2016

Mrs Janice Austin

25–50% shares

British · England · Age 74

30, Robjohns Road, Chelmsford, CM1 3AG

Notified 05/10/2023

Mr Danny Austin

25–50% shares

British · England · Age 50

30, Robjohns Road, Chelmsford, CM1 3AG

Notified 05/10/2023

Mr Glen Alexander Austin

25–50% shares

British · England · Age 46

30, Robjohns Road, Chelmsford, CM1 3AG

Notified 05/10/2023

CompanyRankvs 2199+ SIC 45111 peers
30

Financial strength28th percentile among SIC peers · 7/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2199We Buy Prestige Car Ltd
36
How is this score calculated?
Financial strength7/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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

the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. 1.2 Going concern At 30 June 2025 the company had net liabilities of £14,294. true Given the above, there is a material uncertainty which may cast significant doubt as to the company's ability

Key FinancialsYear ending 30/06/2025

Net Worth

£100

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£17k

Current Liabilities

£31k

Debtors

£0

0avg. employees

Tax at Year End(2024)

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.54
20250.54
20240.79
20233.92
20220.97
20210.85
20200.13
20190.25
20180.92

Derived from filed accounts. Not audited figures.