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Motocover Ltd

12775196

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

Details

C/O BUSINESS BAR HAMBLEDON ROAD, WATERLOOVILLE, PO7 6NU
Incorporated 28/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr John Harradine

director · Since 28/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 64 other boards

Persons with Significant Control

Mr John Harradine

25–50% shares
25–50% votes

British · England · Age 60

C/O Business Bar, Hambledon Road, Waterlooville, PO7 6NU

Notified 28/07/2020

Former PSCs

Mr Ryan John O'Connor

Ceased 30/04/2024

Mr Timothy Kevin Casey

Ceased 18/02/2022

CompanyRankvs 2404+ SIC 66220 peers
62

Financial strength75th percentile among SIC peers · 19/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 8.54× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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2404Motocover Ltd
61
How is this score calculated?
Financial strength19/25 pts

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

Employees2/15 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.

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 31/12/2021

Net Worth

£70k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£22k

Current Liabilities

£3k

Fixed Assets

£50k

0avg. employees

Balance Sheet

Assets less current liabilities£70k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20218.54+£64k
2020Infinity—

Derived from filed accounts. Not audited figures.