Company Overview
Spartan Motor Factors Ltd is a Dissolved Private Limited Company.
Registered Address

C/O Teneo Financial Advisory Limited 156 Great Charles Street, Queensway, Birmingham, West Midlands, B3 3HN
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Companies House Data
Company NameSPARTAN MOTOR FACTORS LTD
Company Number07621035
Registered Office AddressC/O Teneo Financial Advisory Limited 156 Great Charles Street
 Queensway
 B3 3HN
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date04/05/2011
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/12/2018
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date02/06/2017
Returns Last Made Up Date05/05/2016
Previous Company NameChanged Date
SPARTAN CAR PARTS LTD01 Dec 2011
Directors & Members
Show Resigned
Jason Farrugia - Director
(British, 46 years old, born June 1980)
Appointed 04 May 2011
Active
Lee Gratton - Director
(British, 48 years old, born May 1978)
Appointed 04 May 2011
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Jason Farrugia
No companies found
Lee Gratton
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2017 31-Dec-2016
Balance Sheet
Fixed Assets 676,690 154,212 162,806
Current Assets 3,751,615 2,194,988 1,497,318
Creditors Due Within One Year 2,883,330 1,784,545 1,234,100
Working Cap 868,285 410,443 263,218
Total Assets Less Current Liabilities 1,544,975 564,655 426,024
Long-term Liabilities 624,898 301,053 302,939
Net Assets 920,077 263,602 123,085
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 920,077 263,602 123,085
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2017 31-Dec-2016
Tangible Fixed Assets - - -
Fixed Assets 15.3% 6.6% 9.8%
Stocks Inventory - - -
Debtors 31.8% 37.9% 37.2%
Cash Bank In Hand 4.5% 7.1% 6.3%
Current Assets 84.7% 93.4% 90.2%
Creditors Due Within One Year 65.1% 76.0% 74.3%
Net Current Assets Liabilities 19.6% 17.5% 15.9%
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 20.8% 11.2% 7.4%
Capital Employed - - -
Total Assets Less Current Liabilities 34.9% 24.0% 25.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2017 31-Dec-2016
Liquidity Ratio 1.3 1.2 1.2
Solvency Ratio 1.3 1.1 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 8
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2017 31-Dec-2016
Assets 4,428,305 2,349,200 1,660,124
Debt 3,508,228 2,085,598 1,537,039
Net Assets/Debt 920,077 263,602 123,085
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 B3 3HN
H.O. ENGINEERING LTD
4385, 02377603 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, B3 3HN
NETWORK SPECIALISTS LIMITED
5th Floor 154 Great Charles Street, Birmingham, West Midlands, B3 3HN
Document Filings
Final Gazette dissolved following liquidation
Notice of move from Administration to Dissolution
Notice of extension of period of Administration
Administrator's progress report
Registered office address changed from C/O Teneo Restructuring Limited 156 Great Charles Street Queensway Birmingham West Midlands B3 3HN to C/O Teneo Financial Advisory Limited 156 Great Charles Street Queensway Birmingham West Midlands B3 3HN on 23 February 2022
Administrator's progress report
Registered office address changed from 156 Great Charles Street Queensway Birmingham West Midlands B3 3HN to 156 Great Charles Street Queensway Birmingham West Midlands B3 3HN on 7 September 2021
Registered office address changed from C/O Deloitte Llp Four Brindleyplace Birmingham B1 2HZ to 156 Great Charles Street Queensway Birmingham West Midlands B3 3HN on 30 June 2021
Confirmation statement made on 5 May 2021 with no updates
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Notice of deemed approval of proposals
Statement of administrator's proposal
Confirmation statement made on 5 May 2020 with no updates
Registered office address changed from 1 Broadwater Road Leeway Industrial Estate Newport NP19 4SL United Kingdom to C/O Deloitte Llp Four Brindleyplace Birmingham B1 2HZ on 8 April 2020
Appointment of an administrator
Satisfaction of charge 076210350006 in full
Satisfaction of charge 076210350005 in full
Satisfaction of charge 076210350004 in full
Termination of appointment of Nicholas Moray Mclaren Burnell as a director on 27 November 2019
Termination of appointment of Nicholas Paul Geoghegan as a director on 27 November 2019
Registration of charge 076210350008, created on 2 December 2019
Termination of appointment of Daniel Webb as a director on 10 May 2019

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