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Platinum Car Sales Ltd

10120917

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 1B, MERTHYR TYDFIL, CF47 8PE
Incorporated 13/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
64999
Other financial service activities

Officers

Mr William John Morgan

director · Since 13/04/2016

DIRECTOR

BRITISH · WALES · Age 37

Persons with Significant Control

Mr William John Morgan

75–100% shares

British · Wales · Age 37

Unit 1b, Cyfarthfa Industrial Estate, Merthyr Tydfil, CF47 8PE

Notified 30/04/2016

Charges0 outstanding

Charge
satisfied

KENNET EQUIPMENT LEASING LTD

Created 09/05/2022Registered 18/05/2022Satisfied 31/05/2024
Charge
satisfied

SPF BRIDGING LTD

Created 05/03/2020Registered 09/03/2020Satisfied 04/09/2020
Charge
satisfied

SPF BRIDGING LTD

Created 05/03/2020Registered 06/03/2020Satisfied 04/09/2020

CompanyRankvs 6142+ SIC 45112 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio -1.28× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

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 31/05/2025

Net Worth

£418k

Balance sheet strength

Cash

£88k

Cash in the bank

Net Current Assets

£716k

Working capital

Current Assets

£402k

Current Liabilities

-£314k

Fixed Assets

£87k

Debtors

-£724k

5avg. employees

Tax at Year End

VAT-£31k

Balance Sheet

Assets less current liabilities£803k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.28+£123k
20243.33+£27k
20231.36+£24k
20221.00-£56k
20211.51+£43k
2020+£241k
20193.78+£149
20183.81

Derived from filed accounts. Not audited figures.