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Explorer Vehicles Limited

11769370

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)
  • Current liabilities exceed current assets (-10)

Details

HARTS LTD, 10, WESTMINSTER HOUSE, MACCLESFIELD, SK10 1BX
Incorporated 16/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Joshua Simon Knowles

director · Since 16/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 2 other boards

Persons with Significant Control

Mr Joshua Simon Knowles

25–50% shares
25–50% votes

British · United Kingdom · Age 33

Harts Ltd, 10, Westminster House, Westminster Road, Macclesfield, SK10 1BX

Notified 16/01/2019

Mr Philip Simon Knowles

25–50% shares
25–50% votes

British · United Kingdom · Age 54

Harts Ltd, 10, Westminster House, Westminster Road, Macclesfield, SK10 1BX

Notified 16/01/2019

CompanyRankvs 576+ SIC 45400 peers
67

Financial strength80th percentile among SIC peers · 20/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 16.68× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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10Colwyn Bay Motor Cycles Limited
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576Explorer Vehicles Limited
67
How is this score calculated?
Financial strength20/25 pts

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

Employees5/15 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.

Longevity7/15 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 31/01/2024

Net Worth

£64k

Balance sheet strength

Cash

£177

Cash in the bank

Net Current Assets

£94k

Working capital

Current Assets

£100k

Current Liabilities

£6k

Debtors

£62k

1avg. employees

Tax at Year End(2020)

Corp tax£2k

Balance Sheet

Assets less current liabilities£94k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202416.68-£8k
202312.13+£2k
20225.94+£62k
20212.04+£241
20201.38—

Derived from filed accounts. Not audited figures.