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Roadspeed Classics Ltd

11189021

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

THE GARAGE, ECCLESHALL, ST21 6BH
Incorporated 06/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Christopher Damian Watson

director · Since 06/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Persons with Significant Control

Mr Christopher Damian Watson

Significant control

British · England · Age 56

The Garage, Stafford Street, Eccleshall, ST21 6BH

Notified 06/02/2018

Former PSCs

Mr Antony Leyland Johnson

Ceased 16/03/2020

CompanyRankvs 20259+ SIC 45200 peers
50

Financial strength10th percentile among SIC peers · 3/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 pts

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

Liquidity12/20 pts

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

Longevity8/15 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 31/10/2024

Net Worth

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£28k

Current Liabilities

£22k

Fixed Assets

£4k

5avg. employees

Balance Sheet

Assets less current liabilities£10k
Signed by Mr Christopher Watson 19/12/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.25+£17k
20230.43-£14k
20220.82-£8k
20211.41+£10k
20200.80-£15k
20190.64+£2k
20192.10

Derived from filed accounts. Not audited figures.