Company Overview
Nationwide Taxi Rental Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 14 October 2010, so this is a well established company. Nationwide Taxi Rental Ltd has been in business for 15 years and 5 months. The accounts status is micro entity and the accounts are next due on Friday 31 July 2026.
Registered Address

1St Floor, Meadowfield House Meadowfield Industrial Estate, Ponteland, Newcastle Upon Tyne, NE20 9SD
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Companies House Data
Company NameNATIONWIDE TAXI RENTAL LTD
Company Number07407363
Registered Office Address1st Floor, Meadowfield House Meadowfield Industrial Estate
 Ponteland
 NE20 9SD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/10/2010
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/11/2016
Returns Last Made Up Date14/10/2015
Previous Company NameChanged Date
QUICKSKILL LIMITED05 Nov 2010
Directors & Members
Show Resigned
Michael Worthington - Director
(British, 64 years old, born July 1962)
Appointed 14 October 2010
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Michael Worthington
L A TAXIS LTD
LANSDOWNE SERVICES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 89,526 89,526 16,523
Current Assets 81,879 81,879 58,559
Creditors Due Within One Year 52,852 52,852 35,500
Working Cap 29,027 29,027 23,059
Total Assets Less Current Liabilities 118,553 118,553 39,582
Long-term Liabilities 49,014 49,014 61,426
Net Assets 175,243 175,243 172,008
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 175,243 175,243 172,008
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 52.2% 52.2% 22.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 47.8% 47.8% 78.0%
Creditors Due Within One Year 30.8% 30.8% 47.3%
Net Current Assets Liabilities 16.9% 16.9% 30.7%
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 102.2% 102.2% 229.1%
Capital Employed - - -
Total Assets Less Current Liabilities 69.2% 69.2% 52.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 1.5 1.5 1.6
Solvency Ratio 44.7 44.7 0.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 171,405 171,405 75,082
Debt 3,838 3,838 96,926
Net Assets/Debt 175,243 175,243 172,008

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 appeared positive. We would normally view a company positively for this. 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.

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 appeared positive. We would normally view a company positively for this. 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 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 appeared positive. We would normally view a company positively for this. 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.

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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Document Filings
Director's details changed for Mr. Michael George Worthington on 10 March 2026
Change of details for Mr Michael George Worthington as a person with significant control on 10 March 2026
Notification of Michelle Worthington as a person with significant control on 27 November 2025
Change of details for Mr Michael George Worthington as a person with significant control on 27 November 2025
Amended total exemption full accounts made up to 31 October 2024
Confirmation statement made on 17 November 2025 with no updates
Registered office address changed from Meadowfield House Meadowfield Industrial Estate Ponteland Newcastle upon Tyne NE20 9SD to 1st Floor, Meadowfield House Meadowfield Industrial Estate Ponteland Newcastle upon Tyne NE20 9SD on 18 November 2025
Confirmation statement made on 17 November 2024 with no updates
Confirmation statement made on 17 November 2023 with no updates
Confirmation statement made on 17 November 2022 with no updates
Confirmation statement made on 17 November 2021 with no updates
Confirmation statement made on 17 November 2020 with no updates
Confirmation statement made on 17 November 2019 with no updates
Confirmation statement made on 17 November 2018 with no updates
Confirmation statement made on 17 November 2017 with updates
Amended total exemption small company accounts made up to 31 October 2016
Confirmation statement made on 14 October 2017 with no updates
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