# GILESGATE AUTOCARE LTD (08430757)

> GILESGATE AUTOCARE LTD is an active private limited company (company number 08430757) incorporated on 5 March 2013, registered in Prudhoe. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 March 2025, showing net assets of £102k and cash of £167k, with 5 employees on average. Net assets rose 27% on the prior period (£80k).

- Status: Active
- Incorporated: 2013-03-05
- Registered office: Prudhoe, NE42 5PU
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-19
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 322 comparable companies in Newcastle (median £14k, upper quartile £167k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £102k | £167k | — | £85k | — | — | 5 |
| 2024-03-31 | £80k | £190k | — | £136k | — | — | 4 |

current ratio 2.03; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £102,196 at 31 March 2025
- Net assets up 10% or more on the prior period: +27.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.03
- Cash at bank of £50,000 or more: Cash £166,592
- Incorporated five or more years ago: Incorporated 5 March 2013

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Christopher James Towns — owns 75–100% of shares; holds 75–100% of voting rights, since 2016-04-06
- Mrs Rachel Towns — owns 75–100% of shares; holds 75–100% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/08430757
HTML: https://firmoscan.com/company/08430757-gilesgate-autocare-ltd
