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Paradise Garage Motorcycles Limited

12428484

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

PARADISE GARAGE, DOWNHAM MARKET, PE38 9HS
Incorporated 28/01/2020

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 Michael Antony Ford

director · Since 28/01/2020

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Mr Michael Kenneth Hewitt Ford

director · Since 28/01/2020

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 3 other boards

Mr Shaun Andrew Loveday

director · Since 28/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Mr Michael Antony Ford

25–50% shares
25–50% votes

British · England · Age 59

Paradise Garage, Paradise Road, Downham Market, PE38 9HS

Notified 28/01/2020

Mr Michael Kenneth Hewitt Ford

25–50% shares
25–50% votes

British · England · Age 37

Paradise Garage, Paradise Road, Downham Market, PE38 9HS

Notified 28/01/2020

Mr Shaun Andrew Loveday

25–50% shares
25–50% votes

British · United Kingdom · Age 49

Paradise Garage, Paradise Road, Downham Market, PE38 9HS

Notified 28/01/2020

CompanyRankvs 763+ SIC 45400 peers
62

Financial strength67th percentile among SIC peers · 17/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees12/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 31/12/2024

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£38k

Current Liabilities

£31k

Fixed Assets

£8k

3avg. employees

Balance Sheet

Assets less current liabilities£15k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.23
20240.84
20230.85-£11k
20220.97
20211.03

Derived from filed accounts. Not audited figures.