Company Overview
Frank Street Garage Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 15 June 2011, so this is a well established company. Frank Street Garage Limited has been in business for 14 years and 9 months. The accounts status is micro entity and the accounts are next due on Tuesday 31 March 2026.
Registered Address

72 Frank Street, Preston, PR1 1PB
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Companies House Data
Company NameFRANK STREET GARAGE LIMITED
Company Number07671218
Registered Office Address72 Frank Street
 PR1 1PB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date15/06/2011
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date30/06/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date13/07/2017
Returns Last Made Up Date15/06/2016
Directors & Members
Show Resigned
Wasim Mohammed - Director
(British, 39 years old, born December 1987)
Appointed 29 March 2018
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Wasim Mohammed
FRANK REMAPS LTD
FRANK STREET CAR SALES LTD
Balance Sheet Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets 15,650 15,650 25,417
Current Assets 123,337 123,337 24,039
Creditors Due Within One Year 110,492 110,492 1,765
Working Cap 12,845 12,845 22,274
Total Assets Less Current Liabilities 28,495 28,495 47,691
Long-term Liabilities 28,382 28,382 45,000
Net Assets 113 113 2,691
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 113 113 2,691
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets 11.3% 11.3% 51.4%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 88.7% 88.7% 48.6%
Creditors Due Within One Year 79.5% 79.5% 3.6%
Net Current Assets Liabilities 9.2% 9.2% 45.0%
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 0.1% 0.1% 5.4%
Capital Employed - - -
Total Assets Less Current Liabilities 20.5% 20.5% 96.4%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Liquidity Ratio 1.1 1.1 13.6
Solvency Ratio 1.0 1.0 1.1
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-2024 30-Jun-2022 30-Jun-2021
Assets 138,987 138,987 49,456
Debt 138,874 138,874 46,765
Net Assets/Debt 113 113 2,691

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 current section of the balance sheet has positive working capital. We would normally consider 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 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.The current section of the balance sheet has positive working capital. We would normally consider 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 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.The current section of the balance sheet has positive working capital. We would normally consider 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 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 PR1 1PB
STOR-IT@PRESTON LIMITED
UNIT E/E1, 50 FRANK STREET, PRESTON, PR1 1PB
SEPY LTD
DR A.NEKOO, UNIT E (363), 50 FRANK STREET, PRESTON, PR1 1PB
GLOBAL SPICES (PVT) LIMITED
50 Frank Street, Preston, PR1 1PB
ESTATE MOTORS LIMITED
UNITS D & E, FRANK STREET, PRESTON, LANCS, PR1 1PB
G.S.G. BUILDINGS LIMITED
C/O G S G SHEDS, FRANK STREET, PRESTON, LANCS, PR1 1PB
MQ CAR CENTRE LTD
Unit A. 50 Frank Street, Preston, Lancs, PR1 1PB
AAMINA'S SPICES LTD
Unit B, 50 Frank Street, Preston, Lancashire, PR1 1PB
AWS DISTRIBUTORS LTD
Unit C, 50 Frank Street, Preston, PR1 1PB
FRANK REMAPS LTD
72 FRANK STREET, PRESTON, PR1 1PB
STOR-IT DATA MANAGEMENT LIMITED
UNIT E/E1, 50 FRANK STREET, PRESTON, PR1 1PB
Document Filings
Confirmation statement made on 8 May 2025 with no updates
Confirmation statement made on 9 May 2024 with no updates
Confirmation statement made on 12 May 2023 with no updates
Confirmation statement made on 12 May 2022 with no updates
Confirmation statement made on 19 May 2021 with no updates
Registered office address changed from Unit 7, Navigation Business Village Navigation Way Ashton-on-Ribble Preston PR2 2YP England to 72 Frank Street Preston PR1 1PB on 26 May 2021
Termination of appointment of Zaka Ullah Mian as a director on 15 May 2020
Notification of Wasim Javed Mohammed as a person with significant control on 15 May 2020
Cessation of Zaka Ullah Mian as a person with significant control on 15 May 2020
Confirmation statement made on 19 May 2020 with updates
Confirmation statement made on 7 February 2020 with no updates
Confirmation statement made on 7 February 2019 with no updates
Termination of appointment of Philip Paul Monk as a director on 16 April 2018
Appointment of Mr Wasim Javed Mohammed as a director on 29 March 2018
Confirmation statement made on 7 February 2018 with no updates
Registered office address changed from 215-217 Ribbleton Lane Preston PR1 5DY England to Unit 7, Navigation Business Village Navigation Way Ashton-on-Ribble Preston PR2 2YP on 7 July 2017
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