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Eurofit Autocentre Limited

04677528

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

125A GORSEBROOK ROAD, WOLVERHAMPTON, WV10 6JD
Incorporated 25/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Mohammed Astakhar

secretary · Since 25/02/2003

OTHER · Age 53

Also on 1 other board

Mr Mohammed Suleman

director · Since 25/02/2003

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 6 other boards

Mr Mohammed Rashad Mimi

director · Since 23/02/2014

BUSINESSMAN

BRITISH · ENGLAND · Age 55

Also on 18 other boards

Persons with Significant Control

Mr Mohammad Suleman

Significant control

British · England · Age 50

125a, Gorsebrook Road, Wolverhampton, WV10 6JD

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 05/08/2005Registered 09/08/2005
charge
outstanding

HSBC BANK PLC

Created 17/12/2004Registered 23/12/2004

CompanyRankvs 17288+ SIC 45200 peers
44

Financial strength82th percentile among SIC peers · 21/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees1/15 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 31/03/2025

Net Worth

£81k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£37k

Working capital

Current Assets

£15k

Current Liabilities

£52k

Fixed Assets

£163k

0avg. employees-6

Director Loans(2022)

Company owes directors£50k

Balance Sheet

Assets less current liabilities£126k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29+£0
20240.29+£5k
20230.34+£4k
20220.24-£20k
20210.74+£4k
20200.49+£207k
2019-0.50+£2k
2018-0.55

Derived from filed accounts. Not audited figures.