PRESSBAY LIMITED
Company number 01739195 · Monitor this company
Executive summary
Pressbay Limited is a 40-year established automotive business with reasonable asset backing through property ownership and a strong cash position of £229k. However, the company is experiencing declining profitability (P&L reserves fell £6,124 in FY2024), dangerously thin working capital of only £12,932, and a deteriorating net asset position. The existing £190k bank facility secured by a fixed and floating charge limits the unencumbered asset pool. A conditional credit approach is warranted, requiring enhanced security, profitability covenants, and close monitoring of working capital and debtor management trends.
Shareholders' funds
£251,456
Balance sheet as at 2025-11-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 1983-07-13
- Employees
- 16 (2025 accounts)
- Registered office
- 5 Yeomans Court, Ware Road, Hertford, Hertfordshire, SG13 7HJ
- Postcode
- SG13 7HJ
- Capital
- 86,500 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2026-05-09
- Next due by
- 2027-05-23
Nature of business (SIC)
- 45112 Sale of used cars and light motor vehicles
- 45200 Maintenance and repair of motor vehicles
- 45310 Wholesale trade of motor vehicle parts and accessories
- 45320 Retail trade of motor vehicle parts and accessories
Officers 4 current · 3 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — Z2274912 (Tier 1), registered since 2010.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 4
| Address | Changed on |
|---|---|
| CECIL HOUSE, 52 ST ANDREW STREET, HERTFORD, HERTS, SG14 1JA | 2012-07-17 |
| HUGILL HOUSE, SWANFIELD ROAD, WALTHAM CROSS, HERTS EN8 7JS | 2007-09-06 |
| THE OFFICES OF BRENNER CASH, WALMAR HOUSE, 288 REGENT STREET, LONDON W1R 6AE | 1990-04-19 |
| 5 CHANDOS STREET, LONDON W1M 9DG | 1987-08-13 |
Among its peers
Top 25%
by shareholders' funds, of 153 similar companies in SG
Among the biggest employers among its local peers (16 staff).
Among the oldest 25% of its local peers, trading since 1983.
No.18 of the largest sale of used cars and light motor vehicles companies in Stevenage →
Competitors Stevenage
This company ranks 18 among sale of used cars and light motor vehicles in Stevenage.
The class of 1983
51%
of the 13,141 companies incorporated in 1983 are still active today; 40% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2012-04-19
- Where
- Greater London
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| EGL276299 | Greater London | Leasehold | 2012-04-19 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.