Company Overview
Accura Finance Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 06 June 2008, so this is a well established company. Accura Finance Limited has been in business for 15 years and 11 months. The accounts status is full and the accounts are next due on Monday 31 December 2018.
Registered Address

1 Stringes Lane, Willenhall, WV13 1NS
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Companies House Data
Company NameACCURA FINANCE LIMITED
Company Number06613078
Registered Office Address1 Stringes Lane
 WV13 1NS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date06/06/2008
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2018
Accounts Last Made Up Date31/03/2017
Accounts Account CategoryFULL
Returns Next Due Date31/03/2017
Returns Last Made Up Date03/03/2016
Previous Company NameChanged Date
SHOO 412 LIMITED22 Aug 2008
Directors & Members
Show Resigned
Stuart Maddison - Director
(British, 61 years old, born February 1963)
Director - Appointed 05 February 2018
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Mar-2017 31-Mar-2016 31-Mar-2015
Balance Sheet
Fixed Assets 10,508,073 10,508,073 35,045,068
Current Assets 1,505,181 1,505,181 1,860,644
Creditors Due Within One Year 7,953,300 7,953,300 7,563,350
Working Cap -6,448,119 -6,448,119 -5,702,706
Total Assets Less Current Liabilities 4,059,954 4,059,954 29,342,362
Long-term Liabilities 16,086,697 16,086,697 50,381,719
Net Assets -12,026,743 -12,026,743 -21,039,357
Share Capital & Reserves
Share Cap 8,968,362 8,968,362 1,000,001
Profit & Loss Reserves -54,756,770 -54,756,770 -22,039,358
Other Reserves 33,761,665 33,761,665 0
Shareholders Funds -12,026,743 -12,026,743 -21,039,357
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2017 31-Mar-2016 31-Mar-2015
Tangible Fixed Assets - - -
Fixed Assets 87.5% 87.5% 95.0%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 0.0% 0.0% 0.0%
Cash Bank In Hand 0.0% 0.0% 0.0%
Current Assets 12.5% 12.5% 5.0%
Creditors Due Within One Year 66.2% 66.2% 20.5%
Net Current Assets Liabilities -53.7% -53.7% -15.5%
Creditors Due After One Year 133.9% 133.9% 136.5%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -100.1% -100.1% -57.0%
Called Up Share Capital 74.7% 74.7% 2.7%
Share Capital Allotted Called Up Paid 74.7% 74.7% 2.7%
Profit Loss Account Reserve -455.8% -455.8% -59.7%
Shareholder Funds -100.1% -100.1% -57.0%
Capital Employed - - -
Total Assets Less Current Liabilities 33.8% 33.8% 79.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2017 31-Mar-2016 31-Mar-2015
Liquidity Ratio 0.2 0.2 0.2
Solvency Ratio 0.5 0.5 0.6
Reserves to Assets -4.6 -4.6 -0.6
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2017 31-Mar-2016 31-Mar-2015
Assets 12,013,254 12,013,254 36,905,712
Debt 24,039,997 24,039,997 57,945,069
Net Assets/Debt -12,026,743 -12,026,743 -21,039,357

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.

Current debt exceeded short term liquid assets as at the balance sheet date. 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 net assets figure is negative. 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.Current debt exceeded short term liquid assets as at the balance sheet date. 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 net assets figure is negative. 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.Current debt exceeded short term liquid assets as at the balance sheet date. 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 net assets figure is negative. 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 WV13 1NS
ACCURA GROUP LIMITED
1 Stringes Close, Willenhall, WV13 1NS
ACCURA ENGINEERING LIMITED
1 STRINGES CLOSE, WILLENHALL, WV13 1NS
ACCURA PROJECTS LIMITED
1 Stringes Close, Willenhall, WV13 1NS
ACCURA TRADING LIMITED
1 Stringes Close, Willenhall, WV13 1NS
Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 23 August 2021
Termination of appointment of Michael William Richards as a director on 11 June 2021
Registered office address changed from 109 Swan Street Sileby Leicestershire LE12 7NN to C/O Elwell Watchorn & Saxton Llp 8 Warren Park Way Enderby Leicester LE19 4SA on 30 December 2020
Liquidators' statement of receipts and payments to 23 August 2020
Liquidators' statement of receipts and payments to 23 August 2019
Registered office address changed from 1 Stringes Lane Willenhall WV13 1NS England to 109 Swan Street Sileby Leicestershire LE12 7NN on 18 September 2018
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Receiver's abstract of receipts and payments to 3 September 2018
Notice of ceasing to act as receiver or manager
Notice of ceasing to act as receiver or manager
Appointment of receiver or manager
Confirmation statement made on 3 March 2018 with no updates
Termination of appointment of David John Williams as a director on 8 February 2018
Appointment of Mr Stuart David Maddison as a director on 5 February 2018
Appointment of Mr Michael William Richards as a director on 11 January 2018
Termination of appointment of Heath Lee Walker as a director on 31 December 2017
Termination of appointment of a director
Termination of appointment of Michael Thomas Biddulph as a director on 20 December 2017
Registered office address changed from Hickman Avenue Wolverhampton West Midlands WV1 2EN to 1 Stringes Lane Willenhall WV13 1NS on 9 October 2017
Appointment of Mr Heath Lee Walker as a director on 30 June 2017
Termination of appointment of William Alexander Joss as a director on 30 June 2017

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