Company Overview
Spring Radio Cars Ltd. is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 14 May 1997, so this is a well established company. Spring Radio Cars Ltd. has been in business for 28 years and 11 months. The accounts status is small and the accounts are next due on Monday 31 August 2026.
Registered Address

C/O Glasgo Cabs, 15 Rosyth Road, Glasgow, G5 0YD
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameSPRING RADIO CARS LTD.
Company NumberSC175420
Registered Office AddressC/O Glasgo Cabs
 15 Rosyth Road
 G5 0YD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/05/1997
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2026
Accounts Last Made Up Date30/11/2024
Accounts Account CategorySMALL
Returns Next Due Date27/05/2017
Returns Last Made Up Date29/04/2016
Directors & Members
Show Resigned
John Cassidy - Director
(British, 64 years old, born January 1962)
Appointed 17 June 2005
 Active
Secretaries
Show Resigned
Other Company Directorships
John Cassidy
EASY TAXI PRIVATE HIRE LTD
KASPER INVESTMENTS LIMITED
MERIDIAN PROPERTY (SCOTLAND) LIMITED
NETWORK PRIVATE HIRE LTD.
XPRESS PRIVATE HIRE LTD
Balance Sheet Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Balance Sheet
Fixed Assets 0 0 1,427,104
Current Assets 2,142,320 2,142,320 2,541,857
Creditors Due Within One Year 155,484 155,484 1,942,451
Working Cap 1,986,836 1,986,836 599,406
Total Assets Less Current Liabilities 1,986,836 1,986,836 2,026,510
Long-term Liabilities 0 0 12,374
Net Assets 1,986,836 1,986,836 2,014,136
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,986,836 1,986,836 2,014,136
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 36.0%
Stocks Inventory - - -
Debtors 98.8% 98.8% 28.2%
Cash Bank In Hand 1.2% 1.2% 35.7%
Current Assets 100.0% 100.0% 64.0%
Creditors Due Within One Year 7.3% 7.3% 48.9%
Net Current Assets Liabilities 92.7% 92.7% 15.1%
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 92.7% 92.7% 50.7%
Capital Employed - - -
Total Assets Less Current Liabilities 92.7% 92.7% 51.1%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Liquidity Ratio 13.8 13.8 1.3
Solvency Ratio 13.8 13.8 2.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Assets 2,142,320 2,142,320 3,968,961
Debt 155,484 155,484 1,954,825
Net Assets/Debt 1,986,836 1,986,836 2,014,136

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 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.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 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.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 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 G5 0YD
HPN PROPERTIES LTD
15A ROSYTH ROAD, GLASGOW, G5 0YD
ASG NOVA LTD
15 Rosyth Road, Glasgow, G5 0YD
H.P.N. MANAGEMENT LTD
15A ROSYTH ROAD, GLASGOW, G5 0YD
HAMPDEN CARS LTD
15 Rosyth Road, Glasgow, G5 0YD
BLUE SCREENZ LTD
20 WHIN PLACE, EAST KILBRIDE, GLASGOW, G5 0YD
G & B CARS LIMITED
7 NAGLE GARDENS, MOTHERWELL, G5 0YD
HOGGS CARS LIMITED
991 Carntyne Road, Glasgow, G5 0YD
RELAXATEEZE LIMITED
24 Rosyth Road, Glasgow, G5 0YD
G & C CABS LTD
1 Potters Way, Rutherglen, Glasgow, G5 0YD
SHAWFIELD MOT CENTRE (UK) LTD
15 Rosyth Road, Glasgow, G5 0YD
Document Filings
Confirmation statement made on 29 April 2025 with no updates
Confirmation statement made on 29 April 2024 with no updates
Confirmation statement made on 29 April 2023 with no updates
Registered office address changed from 110 Blochairn Road Glasgow G21 2EG Scotland to C/O Glasgo Cabs 15 Rosyth Road Glasgow G5 0YD on 9 March 2023
Current accounting period shortened from 30 April 2022 to 30 November 2021
Confirmation statement made on 29 April 2022 with no updates
Satisfaction of charge 1 in full
Satisfaction of charge 2 in full
Confirmation statement made on 29 April 2021 with no updates
Confirmation statement made on 29 April 2020 with no updates
Confirmation statement made on 29 April 2019 with no updates
Confirmation statement made on 29 April 2018 with no updates
Confirmation statement made on 29 April 2017 with updates
Annual return made up to 29 April 2016 with full list of shareholders
Registered office address changed from Unit 4 Foundry Street Glasgow G21 4PR to 110 Blochairn Road Glasgow G21 2EG on 25 April 2016
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free