Read Hyundai Doncaster Limited
11207807
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 15/02/2018
director · Since 15/02/2018
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 6 other boards
director · Since 15/02/2018
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 7 other boards
Persons with Significant Control
Read Motor Group Limited
Altyre Way, Hewitts Avenue Business Park, Grimsby, DN36 4RJ
Reg: 07110298 · Read Motor Group Limited · Private Limited Company
Notified 15/02/2018
Charges0 outstanding
HYUNDAI CAPITAL UK LIMITED
SVENSKA HANDELSBANKEN AB (PUBL)
SVENSKA HANDELSBANKEN AB (PUBL)
CompanyRankvs 1293+ SIC 45111 peers51
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the Directors with respect t
Key FinancialsYear ending 31/12/2024
Turnover
£17.8M
Annual revenue
Net Worth
£382k
Balance sheet strength
Cash
£10k
Cash in the bank
Profit Before Tax
£27k
Bottom line earnings
Net Current Assets
-£944k
Working capital
Current Assets
£5.1M
Current Liabilities
£6.1M
Fixed Assets
£1.6M
Debtors
£1.7M
Cost of Sales
£16.5M
Gross Profit
£1.3M
Admin Expenses
£1.1M
Operating Profit
£211k
Profit After Tax
£11k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.84 | -£4k |
| 2023 | 0.81 | — |
Derived from filed accounts. Not audited figures.