Back to search

Fourtrax Automotive Limited

10297843

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT 4 GROVELANDS, HEMEL HEMPSTEAD, HP2 7TE
Incorporated 27/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Martyn Francis Noble

director · Since 27/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 10 other boards

Mr Colin David Paul Searle

director · Since 27/07/2016

MECHANIC

BRITISH · UNITED KINGDOM · Age 56

Mr Benjamin Christopher Wyldes

director · Since 27/07/2016

MECHANIC

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Colin David Paul Searle

Significant control

British · England · Age 56

Unit 4 Grovelands, Boundary Way, Hemel Hempstead, HP2 7TE

Notified 26/07/2017

Mr Benjamin Christopher Wyldes

Significant control

British · England · Age 36

Unit 4 Grovelands, Boundary Way, Hemel Hempstead, HP2 7TE

Notified 26/07/2017

Mr Martyn Francis Noble

Significant control

British · England · Age 61

Unit 4 Grovelands, Boundary Way, Hemel Hempstead, HP2 7TE

Notified 26/07/2017

Former PSCs

Mr David Joseph Cooper

Ceased 01/08/2024

CompanyRankvs 14051+ SIC 45200 peers
60

Financial strength5th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.51× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees14/15 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.

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 31/07/2024

Net Worth

-£45k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£57k

Current Liabilities

£10k

Fixed Assets

£44k

Debtors

£19k

9avg. employees+1

Tax at Year End(2020)

VAT£9k

Director Loans(2021)

Company owes directors£140k

Balance Sheet

Assets less current liabilities£91k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.51-£5k
20233.31-£3k
20223.61+£29k
20211.14+£44k
20200.87+£7k£183k
20190.33-£38k£151k
20180.37£28k

Derived from filed accounts. Not audited figures.