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Cars Under Limited

12128963

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

CARS UNDER 3000, RAYLEIGH, SS6 9ES
Incorporated 30/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Benjamin Taylor Reynolds

director · Since 30/07/2019

MANAGER

BRITISH · ENGLAND · Age 33

Also on 3 other boards

Persons with Significant Control

Mr Benjamin Taylor Reynolds

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

British · England · Age 33

Cars Under 3000, London Road, Rayleigh, SS6 9ES

Notified 30/07/2019

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 15/06/2022Registered 27/06/2022
Charge
outstanding

LLOYDS BANK PLC

Created 15/06/2022Registered 15/06/2022
Charge
satisfied

LE CAPITAL UK (ASSET 1) LIMITED

Created 09/09/2021Registered 13/09/2021Satisfied 14/09/2023

CompanyRankvs 1799+ SIC 45112 peers
70

Financial strength93th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.35× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£412k

Balance sheet strength

Cash

£121k

Cash in the bank

Net Current Assets

£491k

Working capital

Current Assets

£854k

Current Liabilities

£363k

Fixed Assets

£5k

Debtors

£149k

22avg. employees

Tax at Year End(2022)

Corp tax£24k
VAT£11k

Director Loans(2022)

Company owes directors£941

Balance Sheet

Assets less current liabilities£496k
Signed by Mr Benjamin Reynolds 27/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.35+£0
20252.35+£148k
20244.13+£29k
20234.00+£68k
20222.42+£67k£227k
20211.94£507k

Derived from filed accounts. Not audited figures.