Company Overview
Masters Motor Company Limited is a Dissolved Private Limited Company.
Registered Address

14 Queen Square, Bath, BA1 2HN
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Companies House Data
Company NameMASTERS MOTOR COMPANY LIMITED
Company Number06242466
Registered Office Address14 Queen Square
 BA1 2HN
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date10/05/2007
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2011
Accounts Last Made Up Date31/05/2009
Accounts Account CategorySMALL
Returns Next Due Date07/06/2011
Returns Last Made Up Date10/05/2010
Directors & Members
Show Resigned
Alan Mikkelson - Director
(British, 71 years old, born June 1955)
Appointed 10 May 2007
Active
Secretaries
Show Resigned
Other Company Directorships
Alan Mikkelson
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2009 31-May-2008
Balance Sheet
Fixed Assets 42,622 21,929
Current Assets 940,550 1,070,744
Creditors Due Within One Year 795,763 839,380
Working Cap 144,787 231,364
Total Assets Less Current Liabilities 187,409 253,293
Long-term Liabilities 6,349 2,188
Net Assets 181,060 251,105
Share Capital & Reserves
Share Cap 150,000 150,000
Profit & Loss Reserves 31,060 101,105
Other Reserves 0 0
Shareholders Funds 181,060 251,105
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2009 31-May-2008
Tangible Fixed Assets - -
Fixed Assets 4.3% 2.0%
Stocks Inventory 46.6% 56.4%
Debtors 34.3% 25.4%
Cash Bank In Hand 14.7% 16.2%
Current Assets 95.7% 98.0%
Creditors Due Within One Year 80.9% 76.8%
Net Current Assets Liabilities 14.7% 21.2%
Creditors Due After One Year 0.0% 0.0%
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability 18.4% 23.0%
Called Up Share Capital 15.3% 13.7%
Share Capital Allotted Called Up Paid 15.3% 13.7%
Profit Loss Account Reserve 3.2% 9.3%
Shareholder Funds 18.4% 23.0%
Capital Employed - -
Total Assets Less Current Liabilities 19.1% 23.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2009 31-May-2008
Liquidity Ratio 1.2 1.3
Solvency Ratio 1.2 1.3
Reserves to Assets 0.0 0.1
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2009 31-May-2008
Assets 983,172 1,092,673
Debt 802,112 841,568
Net Assets/Debt 181,060 251,105
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 20 December 2018
Registered office address changed from Universal House 1-2 Queens Parade Place Bath BA1 2NN to 14 Queen Square Bath BA1 2HN on 7 March 2018
Liquidators' statement of receipts and payments to 20 December 2017
Liquidators' statement of receipts and payments to 20 December 2016
Liquidators' statement of receipts and payments to 20 December 2015
Liquidators' statement of receipts and payments to 20 December 2014
Liquidators' statement of receipts and payments to 20 December 2013
Resolutions
Liquidators' statement of receipts and payments to 20 December 2012
Liquidators' statement of receipts and payments to 20 December 2011
Appointment of a voluntary liquidator
Insolvency court order
Notice of ceasing to act as a voluntary liquidator
Registered office address changed from C/O Alan Mikkelson Unit 4 Rose Kiln Lane Reading RG2 0JZ England on 11 January 2011
Statement of affairs with form 4.19
Appointment of a voluntary liquidator
Termination of appointment of Karen Mikkelson as a secretary
Registered office address changed from Treetops Tower House Lane Wraxall North Somerset BS48 1JX on 23 August 2010
Annual return made up to 10 May 2010 with full list of shareholders
Director's details changed for Alan Malcolm Mikkelson on 10 May 2010
Current accounting period extended from 31 May 2010 to 30 November 2010

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