Back to search

Cortes Auto Group England Ltd

09972611

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 KENDAL COURT, WICKFORD, SS11 8YB
Incorporated 27/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Matthew Stephen Cortes

director · Since 21/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Stephen John Cortes

25–50% shares
25–50% votes

British · England · Age 73

5, Kendal Court, Wickford, SS11 8YB

Notified 06/04/2016

Mrs Linda Christine Cortes

25–50% shares
25–50% votes

British · England · Age 73

5, Kendal Court, Wickford, SS11 8YB

Notified 15/01/2021

CompanyRankvs 20342+ SIC 45112 peers
30

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Wilsons Automobiles And Coachworks Limited
90
2J.P. Arthur & Sons Limited
90
3Gumbrell'S Motors Limited
90
4Brunswick Garage Limited
90
5Leeson'S Garage Limited
90
6Platts Motor Company Limited
90
7D.G. Weaver Limited
90
8Ben Smith & Sons(Wantage)Limited
90
9Holders Of Congresbury Limited
90
10Westridge Garage (Ryde) Limited
90
20342Cortes Auto Group England Ltd
30
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.

Employees2/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/01/2024

Net Worth

-£88k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£2k

Current Liabilities

£59k

Fixed Assets

£2k

-1avg. employees+1

Tax at Year End(2022)

VAT£3k

Balance Sheet

Assets less current liabilities-£55k
Prepared with v2024.54.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.04-£6k—
20230.20-£31k—
20220.43-£19k£65k
20211.02——

Derived from filed accounts. Not audited figures.