Company Overview
Cars2u Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 13 September 2012, so this is a well established company. Cars2u Ltd has been in business for 13 years and 6 months. The accounts status is micro entity and the accounts are next due on Friday 31 July 2026.
Registered Address

Cars2u Ltd London Road, Washbrook, Ipswich, Suffolk, IP8 3LA
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Companies House Data
Company NameCARS2U LTD
Company Number08212753
Registered Office AddressCars2u Ltd London Road
 Washbrook
 IP8 3LA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date13/09/2012
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 Date11/10/2016
Returns Last Made Up Date13/09/2015
Directors & Members
Adam Saunders - Director
(British, 45 years old, born October 1981)
Appointed 13 September 2012
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Adam Saunders
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets - - 2,048
Current Assets - - 338,799
Creditors Due Within One Year 148,876 148,876 95,988
Working Cap - - 242,811
Total Assets Less Current Liabilities 188,553 188,553 244,859
Long-term Liabilities 0 0 35,958
Net Assets 188,553 188,553 208,901
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 188,553 188,553 208,901
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets - - 0.6%
Stocks Inventory - - -
Debtors 44.8% 44.8% 11.8%
Cash Bank In Hand -6.6% -6.6% 17.3%
Current Assets - - 99.4%
Creditors Due Within One Year 44.1% 44.1% 28.2%
Net Current Assets Liabilities - - 71.2%
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 55.9% 55.9% 61.3%
Capital Employed - - -
Total Assets Less Current Liabilities 55.9% 55.9% 71.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio -1.0 -1.0 3.5
Solvency Ratio 2.3 2.3 2.6
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 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 337,429 337,429 340,847
Debt 148,876 148,876 131,946
Net Assets/Debt 188,553 188,553 208,901

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.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. 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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. 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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. 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
Other Business around IP8 3LA
COPDOCK MILL LIMITED
COPDOCK MILL OLD LONDON ROAD, COPDOCK, IPSWICH, SUFFOLK, IP8 3LA
H.G. GLADWELL & SONS LIMITED
COPDOCK MILL, COPDOCK, IPSWICH, SUFFOLK, IP8 3LA
Document Filings
Confirmation statement made on 13 September 2025 with updates
Change of details for Mr Adam David Saunders as a person with significant control on 7 March 2025
Director's details changed for Mr Adam David Saunders on 7 March 2025
Registered office address changed from Old London Road Washbrook Ipswich Suffolk IP8 3LA United Kingdom to Cars2U Ltd London Road Washbrook Ipswich Suffolk IP8 3LA on 7 March 2025
Director's details changed for Mr Adam David Saunders on 28 February 2025
Change of details for Mr Adam David Saunders as a person with significant control on 28 February 2025
Registered office address changed from Unit a10 Plough Road Great Bentley Colchester CO7 8LG to Old London Road Washbrook Ipswich Suffolk IP83LA on 28 February 2025
Confirmation statement made on 13 September 2024 with updates
Confirmation statement made on 13 September 2023 with updates
Confirmation statement made on 13 September 2022 with no updates
Confirmation statement made on 13 September 2021 with no updates
Change of details for Mr Adam David Saunders as a person with significant control on 1 November 2020
Director's details changed for Mr Adam David Saunders on 1 November 2020
Confirmation statement made on 13 September 2020 with no updates
Confirmation statement made on 13 September 2019 with updates
Confirmation statement made on 13 September 2018 with updates
Current accounting period extended from 30 September 2018 to 31 October 2018
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