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Garage34 Ltd

12461562

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

31 PIMENTO DRIVE, READING, RG6 5GZ
Incorporated 13/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Andrew Robert Hawes

director · Since 13/02/2020

MECHANIC

BRITISH · ENGLAND · Age 29

Also on 1 other board

Miss Carol Ann Hawes

director · Since 13/02/2020

RETIRED

ENGLISH · ENGLAND · Age 67

Persons with Significant Control

Mr Andrew Robert Hawes

25–50% shares
25–50% votes
Appoint directors

British · England · Age 29

31, Pimento Drive, Reading, RG6 5GZ

Notified 13/02/2020

Miss Carol Ann Hawes

25–50% shares
25–50% votes
Appoint directors

English · England · Age 67

31, Pimento Drive, Reading, RG6 5GZ

Notified 13/02/2020

CompanyRankvs 17543+ SIC 45200 peers
55

Financial strength41th percentile among SIC peers · 10/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.39× · 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 strength10/25 pts

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

Employees3/15 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 28/02/2025

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£2k

Current Liabilities

£784

1avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.39-£3k
20242.19+£2k
20232.16

Derived from filed accounts. Not audited figures.