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Trailparts Ltd

12084357

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

12 GREYCAINE ROAD, WATFORD, WD24 7GG
Incorporated 04/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Colin Paul Barnes

director · Since 04/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Mr Keith David Barnes

director · Since 04/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Murray Barnes

director · Since 15/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Persons with Significant Control

Maxa Trading Uk Ltd

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

12, Greycaine Road, Watford, WD24 7GG

Reg: 07569911 · Companies House · Private Limited Company

Notified 18/01/2025

Former PSCs

Mr Keith David Barnes

Ceased 02/12/2022

Cheryl Barnes

Ceased 02/12/2022

Mr Colin Paul Barnes

Ceased 02/12/2022

Olivia Barnes

Ceased 02/12/2022

Murray Barnes

Ceased 02/12/2022

Rick Barnes

Ceased 02/12/2022

Deer Lake Holdings Ltd

Ceased 16/01/2025

Maxa Group Limited

Ceased 18/01/2025

CompanyRankvs 661+ SIC 45320 peers
82

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.02× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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 30/09/2023

Net Worth

£2.4M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£3.3M

Current Liabilities

£1.1M

Fixed Assets

£260k

Debtors

£1.5M

22avg. employees+5

Balance Sheet

Intangible assets£31k
Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20233.02+£1.0M
20221.64+£243k
20212.72+£716k
20202.04+£257k
20192.25

Derived from filed accounts. Not audited figures.