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500 Cars Limited

05274164

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 2 BELMAN COURT, READING, RG1 7HN
Incorporated 01/11/2004

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 01/11/2025

Due 15/11/2026

On track

Industry

49320
Taxi operation

Officers

Jasvir Singh

secretary · Since 01/11/2004

British

Harjit Singh Grewal

director · Since 01/11/2004

British

Jasvir Singh

director · Since 01/11/2004

British

CompanyRankvs 19700+ SIC 49320 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.49× · 2/20
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 strength24/25 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£212k

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

-£168k

Working capital

Current Assets

£160k

Current Liabilities

£329k

Fixed Assets

£530k

Debtors

£83k

12avg. employees-1

Balance Sheet

Assets less current liabilities£361k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49+£32k
20230.40

Derived from filed accounts. Not audited figures.