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Arrive Cars Ltd

12262863

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

1A BONINGTON ROAD, NOTTINGHAM, NG3 5JR
Incorporated 15/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport
49410
Freight transport by road

Officers

Mr Gregory Elston

secretary · Since 15/10/2019

Mr Geoffrey Elston

director · Since 12/05/2026

BRITISH · ENGLAND · Age 77

Also on 1 other board

Persons with Significant Control

Mr Gregory Richard Elston

25–50% shares
25–50% votes

British · England · Age 50

1a, Bonington Road, Nottingham, NG3 5JR

Notified 15/10/2019

Mr Leigh Gregory Elston

25–50% shares
25–50% votes

British · England · Age 52

1a, Bonington Road, Nottingham, NG3 5JR

Notified 31/07/2020

Charges2 outstanding

Charge
outstanding

ECAPITAL COMMERCIAL FINANCE LIMITED

Created 16/03/2023Registered 17/03/2023
Charge
outstanding

HSBC UK BANK PLC

Created 09/08/2022Registered 15/08/2022

CompanyRankvs 5114+ SIC 49390 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.15× · 2/20
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 strength0/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/10/2023

Net Worth

-£201k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£343k

Working capital

Current Assets

£58k

Current Liabilities

£401k

Fixed Assets

£570k

2avg. employees

Balance Sheet

Assets less current liabilities£227k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20230.15-£36k
20220.03-£30k
20210.29-£169k
20200.88

Derived from filed accounts. Not audited figures.