Back to search

Summit Cars Ltd

15210629

activeactive proposal to strike off
ltd
england wales
Companies House
Confirmation statement overdue
Health Score
75 / 100

Some Concerns

15/30
Filing
20/30
Financial
40/40
Risk
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)

Details

53 The Market, Rosehill, Sutton, SM1 3HE
Incorporated 13/10/2023

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 12/10/2024

Due 26/10/2025

Overdue

Industry

45112
Sale of used cars and light motor vehicles

Officers

Martin Peter Browning

director · Since 13/10/2023

British · United Kingdom · Age 51

Simon Keith Davidson

director · Since 13/10/2023

British · United Kingdom · Age 44

Persons with Significant Control

Mr Martin Peter Browning

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

British · United Kingdom · Age 51

53, The Market, Sutton, SM1 3HE

Notified 13/10/2023

Mr Simon Keith Davidson

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

British · United Kingdom · Age 44

53, The Market, Sutton, SM1 3HE

Notified 13/10/2023

Change History

statusactive
2026-06-09

Active - Proposal to Strike off

typeltd
2026-06-09

Private Limited Company

address line153 The Market
2026-06-09

53 THE MARKET

post townSutton
2026-06-09

SUTTON

officer appointedBROWNING, Martin Peter
2026-06-09
officer appointedDAVIDSON, Simon Keith
2026-06-09

CompanyRankvs 20846+ SIC 45112 peers
31

Financial strength35th percentile among SIC peers · 9/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceOne filing overdue · 5/15
Show leaderboard
How is this score calculated?
Financial strength9/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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

£98

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£98

Working capital

Current Assets

£33k

Current Liabilities

£33k

0avg. employees

Balance Sheet

Assets less current liabilities£98
Signed by 13.10.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20241.00

Derived from filed accounts. Not audited figures.