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T5 Van Sales Limited

10990534

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
40 / 100

Notable Risks

0/30
Filing
0/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Unit 5 Swindon Road, Cheltenham, GL51 9NB
Incorporated 02/10/2017

Compliance

Last accounts

31/10/2023

micro entity

Next accounts due

31/07/2025

Overdue

Confirmation statement

Last: 01/10/2024

Due 15/10/2025

Overdue

Industry

45112
Sale of used cars and light motor vehicles

Officers

Reginald Beager

director · Since 05/04/2018

British · England · Age 53

Nicolae Daniel Petre

director · Since 19/03/2020

Romanian · England · Age 45

Former

Reginald Beager

director · Resigned 05/04/2018

Persons with Significant Control

Mr Reginald Beager

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

British · England · Age 53

Unit 5, Swindon Road, Cheltenham, GL51 9NB

Notified 02/10/2017

Change History

officer appointedBEAGER, Reginald
2026-06-06
officer appointedPETRE, Nicolae Daniel
2026-06-06
statusactive
2026-06-06

Active - Proposal to Strike off

typeltd
2026-06-06

Private Limited Company

address line1Unit 5 Swindon Road
2026-06-06

UNIT 5

post townCheltenham
2026-06-06

CHELTENHAM

CompanyRankvs 24597+ SIC 45112 peers
28

Financial strength13th percentile among SIC peers · 3/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees10/15 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.

Longevity9/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 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 31/10/2023

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£36k

Current Liabilities

£48k

Fixed Assets

£429

2avg. employees

Balance Sheet

Assets less current liabilities-£12k
Signed by 1.11.22Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20230.75+£1k
20220.75-£26k
20210.75-£3k
20200.72+£20k
20190.46-£6k
20180.90

Derived from filed accounts. Not audited figures.