Back to search

Foreign Car Spares Limited

03086026

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

OLD ROLLING MILLS, SALTLEY, B8 3AY
Incorporated 01/08/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Afsar Khan

director · Since 01/08/1995

COMPANY SECRETARY/DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Mr Dawood Khan

director · Since 01/08/1995

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Dawood Khan

secretary · Since 21/11/2006

BRITISH

Persons with Significant Control

Mr Dawood Khan

25–50% shares
25–50% votes

British · United Kingdom · Age 49

Old Rolling Mills, Saltley, B8 3AY

Notified 26/04/2016

Charges5 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 04/05/2011Registered 05/05/2011
charge
outstanding

LLOYDS TSB BANK PLC

Created 16/11/2009Registered 05/08/2010
charge
outstanding

LLOYDS TSB BANK PLC

Created 17/06/2009Registered 18/06/2009
charge
outstanding

LLOYDS TSB BANK PLC

Created 17/06/2009Registered 18/06/2009
charge
outstanding

LLOYDS TSB BANK PLC

Created 17/06/2009Registered 18/06/2009

CompanyRankvs 28174+ SIC 82990 peers
60

Financial strength93th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1British And Foreign Wharf Company Limited(The)
90
2Lewis & Towers Limited
90
3Cumberland Electrochemical Limited
90
4Haircloth Weaving & Finishing Company Limited
90
5Frank P. Matthews Limited
90
6Morris, Corfield & Co Holdings Ltd
90
7J.Clarke Transport(Lichfield)Limited
90
8G.R.Carr (Essex) Limited
90
9Henbrandt Limited
90
10First Scottish Searching Services Limited
90
28174Foreign Car Spares Limited
70
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2024

Net Worth

£450k

Balance sheet strength

Cash

£12k

Cash in the bank

Profit Before Tax

£10k

Bottom line earnings

Net Current Assets

-£260k

Working capital

Current Assets

£194k

Current Liabilities

£454k

Fixed Assets

£748k

Debtors

£26k

24avg. employees

Tax at Year End

Corp tax£68k

Balance Sheet

Assets less current liabilities£488k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20240.43

Derived from filed accounts. Not audited figures.