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Glasgow Tyres & Autocare Limited

15654784

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OFFICE 324C THE PINNACLE, CRAWLEY, RH10 1HU
Incorporated 17/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Siim Saar

director · Since 17/04/2024

COMPANY DIRECTOR

ESTONIAN · SCOTLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Siim Saar

75–100% shares

Estonian · Scotland · Age 36

Office 324c, The Pinnacle, Crawley, RH10 1HU

Notified 01/07/2025

Former PSCs

Same Holdings Limited

Ceased 01/07/2025

CompanyRankvs 40516+ SIC 45200 peers
24

Financial strength7th percentile among SIC peers · 2/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

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

Liquidity2/20 pts

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

Longevity2/15 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 30/04/2025

Net Worth

-£29k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£18k

Current Liabilities

£53k

Fixed Assets

£6k

Debtors

£25

1avg. employees

Balance Sheet

Assets less current liabilities-£29k

EstimatesDerived

YearCurrent Ratio
20250.35

Derived from filed accounts. Not audited figures.