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Retroclassic Engineering Ltd

13000513

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 7 COCKNELLS FARM, GLOUCESTER, GL2 7LZ
Incorporated 05/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Mr Gary Roberts

director · Since 05/11/2020

ENGINEER

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Gary Roberts

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

British · United Kingdom · Age 39

Unit 7, Cocknells Farm, Gloucester, GL2 7LZ

Notified 05/11/2020

Former PSCs

Georgia Cameron

Ceased 06/11/2020

Mr Iain Cameron

Ceased 27/08/2021

CompanyRankvs 1225+ SIC 29320 peers
41

Financial strength4th percentile among SIC peers · 1/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.72× · 6/20
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 strength1/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

-£88k

Balance sheet strength

Cash

£193

Cash in the bank

Net Current Assets

-£131k

Working capital

Current Assets

£343k

Current Liabilities

£475k

Fixed Assets

£43k

Debtors

£5k

9avg. employees+2

Balance Sheet

Assets less current liabilities-£88k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72-£20k
20230.64+£3k
20220.86-£57k
20211.44

Derived from filed accounts. Not audited figures.