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Motorsport Distributors Group Uk Ltd

14225905

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)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 3.12 EAST LONDON WORKS, LONDON, E1 1DU
Incorporated 11/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr. George Nicolopoulos

director · Since 01/09/2023

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 49

Persons with Significant Control

Mr. George Nicolopoulos

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

Australian · Australia · Age 49

Unit 3.12 East London Works, 65 Whitechapel Road, London, E1 1DU

Notified 11/07/2022

CompanyRankvs 6331+ SIC 47640 peers
21

Financial strength15th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6331Motorsport Distributors Group Uk Ltd
26
How is this score calculated?
Financial strength4/25 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.

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.

Longevity4/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

support of its shareholders without which there would be significant doubt about its ability to continue as a going concern as well its ability to realise its assets and discharge its liabilities in the ordinary course of business. The shareholders have indicated their intention to continue providing such financial assist

Key FinancialsYear ending 31/12/2024

Net Worth

-£10k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£112k

Current Liabilities

£127k

Fixed Assets

£4k

Debtors

£91k

0avg. employees
Prepared with v2025.63.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20240.88+£46k
20230.72—
20221.28—

Derived from filed accounts. Not audited figures.