Back to search

Platinum Autos Limited

04789295

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

49 TOWER STREET, BUCKINGHAMSHIRE, HP13 5AY
Incorporated 05/06/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Jabbar Ajaib

secretary · Since 05/06/2003

SUPPORT ENGINEER

BRITISH · Age 50

Mr Balal Ajaib

director · Since 05/06/2003

ENGINEER

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Mohammed Iqbal Ajaib

director · Since 04/11/2017

SALES MANAGER

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Mohammed Jabbar Ajaib

director · Since 04/11/2017

SALES MANAGER

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Matrix Holdings Uk Limited

75–100% shares
75–100% votes
Appoint directors

36, Lichfield Street, Walsall, WS1 1TJ

Reg: 09641716 · England · Limited Company

Notified 04/06/2020

Former PSCs

Mr Balal Ajaib

Ceased 04/06/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 05/03/2015Registered 13/03/2015

CompanyRankvs 902+ SIC 45112 peers
73

Financial strength90th percentile among SIC peers · 23/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.08× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees10/15 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.

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 31/10/2024

Net Worth

£214k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£209k

Working capital

Current Assets

£402k

Current Liabilities

£193k

Fixed Assets

£5k

Debtors

£61k

2avg. employees-1

Tax at Year End

Corp tax£7k
VAT£18k

Director Loans

Company owes directors£78k
Directors owe company£49k

Balance Sheet

Assets less current liabilities£214k
Signed by Mr Mohammed Jabbar Ajaib 29th July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.08-£143k£360k
20233.58+£30k£365k
20222.11+£12k£491k
20212.47£483k

Derived from filed accounts. Not audited figures.