Company Overview
M G A Performance Car Specialist Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 30 August 2001, so this is a well established company. M G A Performance Car Specialist Limited has been in business for 24 years and 7 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 March 2027.
Registered Address

Unit 2 Victory Park, Victory Road, Derby, DE24 8ZF
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Companies House Data
Company NameM G A PERFORMANCE CAR SPECIALIST LIMITED
Company Number04278921
Registered Office AddressUnit 2 Victory Park
 Victory Road
 DE24 8ZF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/08/2001
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2027
Accounts Last Made Up Date30/06/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/09/2016
Returns Last Made Up Date30/08/2015
Directors & Members
Show Resigned
Michael Gormley - Director
(British, 61 years old, born June 1965)
Appointed 03 September 2001
 Active
Michelle Gormley - Director
(British, 60 years old, born January 1966)
Appointed 20 September 2017
 Active
Secretaries
Show Resigned
Michelle Gormley - Secretary
(British)
Appointed 03 September 2001
 Active
Other Company Directorships
Michael Gormley
No companies found
Michelle Gormley
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2023 30-Jun-2022
Balance Sheet
Fixed Assets 24,115 24,115 24,364
Current Assets 75,113 75,113 76,788
Creditors Due Within One Year 22,411 22,411 18,569
Working Cap 52,702 52,702 58,219
Total Assets Less Current Liabilities 76,817 76,817 82,583
Long-term Liabilities 76,617 76,617 82,383
Net Assets 200 200 200
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 200 200 200
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2023 30-Jun-2022
Tangible Fixed Assets - - -
Fixed Assets 24.3% 24.3% 24.1%
Stocks Inventory - - -
Debtors 13.5% 13.5% 11.4%
Cash Bank In Hand 56.0% 56.0% 47.5%
Current Assets 75.7% 75.7% 75.9%
Creditors Due Within One Year 22.6% 22.6% 18.4%
Net Current Assets Liabilities 53.1% 53.1% 57.6%
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 0.2% 0.2% 0.2%
Capital Employed - - -
Total Assets Less Current Liabilities 77.4% 77.4% 81.6%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2023 30-Jun-2022
Liquidity Ratio 3.4 3.4 4.1
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2023 30-Jun-2022
Assets 99,228 99,228 101,152
Debt 99,028 99,028 100,952
Net Assets/Debt 200 200 200

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.   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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

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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UNIT 9 VICTORY PARK, VICTORY ROAD, DERBY, DE24 8ZF
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Unit 9 Victory Park, Victory Road, Derby, DE24 8ZF
GARDNER AEROSPACE - NUNEATON LIMITED
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JOE HUGHES INTERNATIONAL LIMITED
UNIT 4 VICTORY PARK, VICTORY ROAD, DERBY, DE24 8ZF
GARDNER AEROSPACE - DERBY LIMITED
UNIT 9 VICTORY PARK, VICTORY ROAD, DERBY, DE24 8ZF
GARDNER AEROSPACE - BASILDON LIMITED
UNIT 9 VICTORY PARK, VICTORY ROAD, DERBY, DE24 8ZF
GARDNER AEROSPACE-BROUGHTON LIMITED
Unit 9 Victory Park, Victory Road, Derby, DE24 8ZF
GARDNER AEROSPACE - BURNLEY LIMITED
Unit 9 Victory Park, Victory Road, Derby, DE24 8ZF
GARDNER AEROSPACE - HULL LIMITED
Unit 9 Victory Park, Victory Road, Derby, DE24 8ZF
Document Filings
Confirmation statement made on 30 August 2025 with no updates
Confirmation statement made on 30 August 2024 with updates
Confirmation statement made on 30 August 2023 with no updates
Confirmation statement made on 30 August 2022 with no updates
Change of details for Michelle Patricia Maria Gormley as a person with significant control on 6 April 2016
Change of details for Michael Leslie Gormley as a person with significant control on 6 April 2016
Confirmation statement made on 30 August 2021 with no updates
Confirmation statement made on 30 August 2020 with updates
Confirmation statement made on 30 August 2019 with updates
Confirmation statement made on 30 August 2018 with updates
Appointment of Michelle Patricia Maria Gormley as a director on 20 September 2017
Confirmation statement made on 30 August 2017 with updates
Change of details for Michelle Patricia Maria Gormley as a person with significant control on 3 October 2016
Change of details for Michael Leslie Gormley as a person with significant control on 3 October 2016
Director's details changed for Michael Leslie Gormley on 4 October 2016
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