# COBALT MOTORS LTD (12682875)

> COBALT MOTORS LTD is an active private limited company (company number 12682875) incorporated on 19 June 2020, registered in Newcastle Upon Tyne. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 July 2025, showing net assets of £44k and cash of £77k, with 0 employees on average. Net assets fell 4% on the prior period (£46k).

- Status: Active
- Incorporated: 2020-06-19
- Registered office: Newcastle Upon Tyne, NE27 0BT
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-07-03
- 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 |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £44k | £77k | £166k | £152k | — | — | 0 |
| 2024-07-31 | £46k | £41k | £234k | £245k | — | — | 0 |

current ratio 2.4; size band micro.

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

- Net assets above zero: Net assets £44,034 at 31 July 2025
- Current assets at least 1.5× creditors within one year: Current ratio 2.4
- Cash at bank of £50,000 or more: Cash £77,214
- Incorporated five or more years ago: Incorporated 19 June 2020

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

## Persons with significant control

- Mr David Michael Garr — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-06-19

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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/12682875
HTML: https://firmoscan.com/company/12682875-cobalt-motors-ltd
