BIXTER GARAGE LIMITED
Company number SC362464 · Monitor this company
Executive summary
Bixter Garage Limited demonstrates impressive financial improvement, with net assets quadrupling from £63,964 (2018) to £273,883 (2025) and total liabilities reduced by two-thirds. The current ratio of 3.27x and gearing of 0.43x indicate a substantially de-risked balance sheet. However, the absence of any cash balance, with 75% of assets tied up in vehicle stock, presents material liquidity risk. A conditional approval is recommended, subject to satisfactory explanation of the nil cash position, confirmation of banking facilities, and imposition of appropriate financial covenants.
Shareholders' funds
£273,883
Balance sheet as at 2025-09-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2009-07-10
- Employees
- 4 (2025 accounts)
- Registered office
- Bixter, Shetland, ZE2 9NA
- Postcode
- ZE2 9NA
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-09-30
- Next due by
- 2027-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2026-07-08
- Next due by
- 2027-07-22
Nature of business (SIC)
- 45111 Sale of new cars and light motor vehicles
Officers 2 current · 4 resigned
Contact details
- Website
- bixtergarage.co.uk
- Phone
- 01595810303
Providing 40 years of building community relationships through honest, reliable sales and service
Among its peers
Among the oldest 25%
of 29 similar companies in ZE — measured against the wider sector, trading since 2009
The class of 2009
15%
of the 437 companies in this sector incorporated in 2009 are still active today; 84% have since been dissolved.
A fact about the year, not a forecast for this company.