Back to search

Storm Auto Services Ltd

13444983

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

105 HIGH STREET, WORCESTER, WR1 2HW
Incorporated 08/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Richard Kenneth Steer

director · Since 08/06/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Mr Paul Christopher Hawkes

director · Since 21/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 64 other boards

Persons with Significant Control

Steer Automotive Group Limited

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

105, High Street, Worcester, WR1 2HW

Reg: 08239702 · Companies House · Private Limited Company

Notified 21/11/2023

Former PSCs

Mr Richard Kenneth Steer

Ceased 21/11/2023

Charges1 outstanding

Charge
outstanding

ARES MANAGEMENT LIMITED (THE “SECURITY AGENT�) AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSF

Created 24/07/2024Registered 25/07/2024

CompanyRankvs 3310+ SIC 45200 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.62× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Wallis & Son Limited
90
2J.P. Arthur & Sons Limited
90
3T.Reeve And Son Limited
90
4P. Goddard & Sons Limited
90
5Leeson'S Garage Limited
90
6Hadleigh Tyre Services Limited
90
7Platts Motor Company Limited
90
8Whartons Garage Limited
90
9Holders Of Congresbury Limited
90
10Westridge Garage (Ryde) Limited
90
3310Storm Auto Services Ltd
80
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity5/15 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 30/06/2023

Net Worth

£1.0M

Balance sheet strength

Cash

£813k

Cash in the bank

Net Current Assets

£899k

Working capital

Current Assets

£1.2M

Current Liabilities

£344k

Fixed Assets

£150k

Debtors

£415k

15avg. employees+7

Balance Sheet

Assets less current liabilities£1.0M
Signed by 2022-07-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20233.62+£704k
20222.15—

Derived from filed accounts. Not audited figures.