Company Overview
Motovario Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 18 July 1990, so this is a well established company. Motovario Limited has been in business for 33 years and 9 months. The accounts status is small and the accounts are next due on Tuesday 30 September 2025.
Registered Address

Unit 335 Rushock Trading Estate, Rushock, Droitwich, Worcestershire, WR9 0NR
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Companies House Data
Company NameMOTOVARIO LIMITED
Company Number02523314
Registered Office AddressUNIT 335 RUSHOCK TRADING ESTATE
 RUSHOCK
 WR9 0NR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/07/1990
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategorySMALL
Returns Next Due Date15/08/2016
Returns Last Made Up Date18/07/2015
Directors & Members
Show Resigned
Massimo Boninsegna - Director
(Italian, 60 years old, born April 1964)
Chief Financial Officer - Appointed 01 March 2020
 Active
Geoffrey Cheetham - Director
(English, 64 years old, born September 1960)
Company Director - Appointed 02 January 2018
 Active
Franco Pacini - Director
(Italian, 63 years old, born December 1961)
Director - Appointed 01 January 2020
 Active
Secretaries
Show Resigned
Other Company Directorships
Massimo Boninsegna
No companies found
Geoffrey Cheetham
GORTON ENGINEERING PRODUCTS LIMITED
TECO ELECTRIC EUROPE LIMITED
Franco Pacini
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets 676,571 676,571 707,636
Current Assets 2,903,459 2,903,459 3,003,878
Creditors Due Within One Year 3,056,793 3,056,793 3,516,056
Working Cap -153,334 -153,334 -512,178
Total Assets Less Current Liabilities 523,237 523,237 195,458
Long-term Liabilities 27,609 27,609 28,893
Net Assets 495,628 495,628 166,565
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 495,628 495,628 166,565
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Tangible Fixed Assets - - -
Fixed Assets 18.9% 18.9% 19.1%
Stocks Inventory - - -
Debtors 49.8% 49.8% 35.1%
Cash Bank In Hand 1.9% 1.9% 15.4%
Current Assets 81.1% 81.1% 80.9%
Creditors Due Within One Year 85.4% 85.4% 94.7%
Net Current Assets Liabilities -4.3% -4.3% -13.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 13.8% 13.8% 4.5%
Capital Employed - - -
Total Assets Less Current Liabilities 14.6% 14.6% 5.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Liquidity Ratio 0.9 0.9 0.9
Solvency Ratio 1.2 1.2 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Assets 3,580,030 3,580,030 3,711,514
Debt 3,084,402 3,084,402 3,544,949
Net Assets/Debt 495,628 495,628 166,565

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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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POWERPOINT SYSTEMS LTD
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TPS RENTAL SYSTEMS LTD
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Document Filings
Confirmation statement made on 18 July 2023 with no updates
Confirmation statement made on 18 July 2022 with no updates
Confirmation statement made on 18 July 2021 with no updates
Registered office address changed from Unit 11 Rushock Trading Estate Rushock Droitwich Worcestershire WR9 0NR to Unit 335 Rushock Trading Estate Rushock Droitwich Worcestershire WR9 0NR on 5 February 2021
Confirmation statement made on 18 July 2020 with no updates
Appointment of Massimo Boninsegna as a director on 1 March 2020
Termination of appointment of Hong-Hsiang Lin as a director on 1 January 2020
Appointment of Franco Pacini as a director on 1 January 2020
Confirmation statement made on 18 July 2019 with no updates
Termination of appointment of Maurizio Negro as a director on 14 March 2019
Appointment of Hong-Hsiang Lin as a director on 14 March 2019
Confirmation statement made on 18 July 2018 with no updates
Termination of appointment of Riccardo Sarti as a director on 30 September 2017
Appointment of Mr Geoffrey Cheetham as a director on 2 January 2018
Confirmation statement made on 18 July 2017 with no updates
Confirmation statement made on 18 July 2016 with updates
Termination of appointment of Ivan Mark Partridge as a director on 25 March 2016
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