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Ag Motors Bury Ltd

16036187

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

Details

UNIT 2 THE LARK VALLEY TRADE PARK, BURY ST EDMUNDS, IP32 6LJ
Incorporated 23/10/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Aaron Craig Ginn

director · Since 23/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 3 other boards

Persons with Significant Control

Mr Aaron Craig Ginn

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

British · United Kingdom · Age 39

Unit 2 The Lark Valley Trade Park, Lamdin Road, Bury St Edmunds, IP32 6LJ

Notified 23/10/2024

CompanyRankvs 29057+ SIC 45200 peers
29

Financial strength4th percentile among SIC peers · 1/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 9.32× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees1/15 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.

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.

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

the year end, intercompany loan balances due to related parties under the common control of Mr A Ginn amounted to £68,944 in respect of AG Motors Ltd and £6,042 in respect of AG Motors Over Ltd 4 Going concern The financial statements have been prepared on a going concern basis. The directors have assessed the company’s ability to continue as a going concern and have reasonable expectation that th

Key FinancialsYear ending 31/12/2025

Net Worth

-£54k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£23k

Current Liabilities

£2k

Fixed Assets

£801

0avg. employees

Balance Sheet

Assets less current liabilities£21k
Signed by A Ginn,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20259.32

Derived from filed accounts. Not audited figures.