Company Overview
Washcar Systems Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 25 January 2001, so this is a well established company. Washcar Systems Limited has been in business for 25 years and 2 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Global House 303, Ballards Lane, London, N12 8NP
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameWASHCAR SYSTEMS LIMITED
Company Number04147707
Registered Office AddressGlobal House 303
 Ballards Lane
 N12 8NP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date25/01/2001
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date22/02/2017
Returns Last Made Up Date25/01/2016
Directors & Members
Show Resigned
David Penny - Director
(British, 66 years old, born March 1960)
Appointed 11 December 2020
 Active
Anne Penny - Director
(British, 62 years old, born June 1964)
Appointed 11 December 2020
 Active
Secretaries
Show Resigned
Other Company Directorships
David Penny
ALISTAIR WALLACE INVESTMENTS LTD
LOGGERHEADS GARAGES LIMITED
N & N JAMAL PROPERTIES LIMITED
PRESTIGE CAR DIRECT PROPERTIES 2 LTD
TOP & CO. PROPERTY LIMITED
WASH CAR SYSTEMS UK LIMITED
Anne Penny
LOGGERHEADS GARAGES LIMITED
PRESTIGE CAR DIRECT PROPERTIES 2 LTD
WASH CAR SYSTEMS UK LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Oct-2021 31-Oct-2020
Balance Sheet
Fixed Assets 61,000 61,000 61,000
Current Assets 5,445 5,445 14,235
Creditors Due Within One Year 6,719 6,719 13,085
Working Cap -1,274 -1,274 1,150
Total Assets Less Current Liabilities 59,726 59,726 62,150
Long-term Liabilities 0 0 2,260
Net Assets 59,726 59,726 59,890
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 59,726 59,726 59,890
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Oct-2021 31-Oct-2020
Tangible Fixed Assets - - -
Fixed Assets 91.8% 91.8% 81.1%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 8.2% 8.2% 18.9%
Creditors Due Within One Year 10.1% 10.1% 17.4%
Net Current Assets Liabilities -1.9% -1.9% 1.5%
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 89.9% 89.9% 79.6%
Capital Employed - - -
Total Assets Less Current Liabilities 89.9% 89.9% 82.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Oct-2021 31-Oct-2020
Liquidity Ratio 0.8 0.8 1.1
Solvency Ratio 9.9 9.9 4.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Oct-2021 31-Oct-2020
Assets 66,445 66,445 75,235
Debt 6,719 6,719 15,345
Net Assets/Debt 59,726 59,726 59,890

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 short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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 short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
Other Business around N12 8NP
TITANYCO ASSETS LIMITED
Rowlandson House, 289-297 Ballards Lane, London, N12 8NP
NM IT & CONSULTANCY LTD
71-75 SHELTON STREET, COVENT GARDEN, LONDON, N12 8NP
ATMOSPHERE ENTS LIMITED
120 COCKFOSTERS ROAD, BARNET, N12 8NP
THE BISHOPS CORNER (INVESTMENTS) LIMITED
1ST FLOOR GLOBAL HOUSE, 299-303 BALLARDS LANE, LONDON, N12 8NP
PENNY PETROLEUM (NORTH EAST) LIMITED
OLD STATION HOUSE, POWBURN, ALNWICK, NORTHUMBERLAND, N12 8NP
A & Y STAVRINOU PROPERTIES LIMITED
1ST FLOOR GLOBAL HOUSE, 299-303 BALLARDS LANE, LONDON, N12 8NP
INDEPENDENT LIVING ALTERNATIVES
Solar House, 915 High Road, London, N12 8NP
YUCCHIE LTD
Global House, 303 Ballards Lane, London, N12 8NP
ERDAL PROPERTIES LIMITED
5 GOLDERS CLOSE, EDGWARE, N12 8NP
SUNLIGHT LOFTS (UK) LIMITED
MOUNTVIEW COURT, 1148 HIGH ROAD, WHETSTONE, LONDON, N12 8NP
Document Filings
Confirmation statement made on 16 January 2026 with updates
Consolidated accounts of parent company for subsidiary company period ending 31/03/25
Notice of agreement to exemption from audit of accounts for period ending 31/03/25
Audit exemption statement of guarantee by parent company for period ending 31/03/25
Previous accounting period shortened from 28 February 2025 to 31 March 2024
Confirmation statement made on 16 January 2025 with updates
Consolidated accounts of parent company for subsidiary company period ending 29/02/24
Notice of agreement to exemption from audit of accounts for period ending 29/02/24
Audit exemption statement of guarantee by parent company for period ending 29/02/24
Confirmation statement made on 16 January 2024 with updates
Consolidated accounts of parent company for subsidiary company period ending 28/02/23
Audit exemption statement of guarantee by parent company for period ending 28/02/23
Notice of agreement to exemption from audit of accounts for period ending 28/02/23
Previous accounting period extended from 31 October 2022 to 28 February 2023
Confirmation statement made on 25 January 2023 with updates
Confirmation statement made on 25 January 2022 with updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 25 January 2021 with updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free