Back to search

Chads Cars Limited

04008266

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

718 CHESTER ROAD, BIRMINGHAM, B23 5TE
Incorporated 05/06/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Emma Louise Chapman

director · Since 01/09/2022

British

Former

Gary Anthony Matkin

secretary · Resigned 01/09/2022

Zoe Elizabeth Matkin

secretary · Resigned 07/05/2026

Britannia Company Formations Limited

corporate nominee secretary · Resigned 05/06/2000

Peter Ashworth

director · Resigned 08/03/2002

Jacqueline Ann Markham

director · Resigned 29/02/2024

Gary Anthony Matkin

director · Resigned 01/09/2022

John Matkin

director · Resigned 05/04/2008

Kevin John Matkin

director · Resigned 01/09/2022

Zoe Elizabeth Matkin

director · Resigned 01/09/2022

Brian Pountain

director · Resigned 08/03/2011

Michael Rhodes

director · Resigned 10/10/2019

William West

director · Resigned 23/08/2019

Deansgate Company Formations Limited

corporate nominee director · Resigned 05/06/2000

CompanyRankvs 30010+ SIC 49320 peers
66

Financial strength5th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.84× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£35k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£105k

Current Liabilities

£37k

Fixed Assets

£12k

Debtors

£25k

13avg. employees-3

Tax at Year End

VAT£22k

Director Loans

Company owes directors£624

Balance Sheet

Assets less current liabilities£80k
Signed by Mrs Emma Louise Chapman 6 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.84-£30k£444k
20234.00-£61k
20221.21

Derived from filed accounts. Not audited figures.