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Fortytwo Automotive Ltd

11858522

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

3RD FLOOR CHANCERY HOUSE, SUTTON, SM1 1JB
Incorporated 04/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mrs Debra Fay Griffin

director · Since 04/03/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Mr Matthew John Griffin

director · Since 08/04/2019

COMPANY DIRECTOR

IRISH · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mrs Debra Fay Griffin

25–50% shares
25–50% votes

British · United Kingdom · Age 48

3rd Floor Chancery House, St. Nicholas Way, Sutton, SM1 1JB

Notified 04/03/2019

Mr Matthew John Griffin

25–50% shares
25–50% votes

Irish · England · Age 44

3rd Floor Chancery House, St. Nicholas Way, Sutton, SM1 1JB

Notified 08/04/2019

CompanyRankvs 3414+ SIC 93199 peers
68

Financial strength96th percentile among SIC peers · 24/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 79.1× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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3414Fortytwo Automotive Ltd
68
How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 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 31/03/2025

Net Worth

£481k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£458k

Working capital

Current Assets

£464k

Current Liabilities

£6k

Fixed Assets

£23k

0avg. employees-2

Balance Sheet

Assets less current liabilities£481k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202579.10-£8k
20248.75+£131k
20238.39—

Derived from filed accounts. Not audited figures.