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848 Cars Limited

04524869

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 8, ROMFORD, RM3 0JU
Incorporated 03/09/2002

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 06/06/2025

Due 20/06/2026

On track

Industry

49320
Taxi operation

Officers

Andrew Ernest Gladen

director · Since 03/06/2005

British

Former

Irene Frostick

secretary · Resigned 10/02/2003

Moira Anne Gladen

secretary · Resigned 06/06/2024

John Mccarthy

secretary · Resigned 31/03/2006

Kevin Harrington

director · Resigned 03/06/2005

CompanyRankvs 50170+ SIC 49320 peers
61

Financial strength90th percentile among SIC peers · 23/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 pts

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

Liquidity6/20 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

£53k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£132k

Working capital

Current Assets

£168k

Current Liabilities

£300k

Fixed Assets

£266k

0avg. employees

Balance Sheet

Assets less current liabilities£134k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.56-£98k
20230.34

Derived from filed accounts. Not audited figures.