Abbasi Cars Ltd
05965987
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Wajid Ahmed Abbasi
director · Since 13/10/2006
British
Former
Rani Wajid Abbasi
secretary · Resigned 01/01/2024
Taimoor Ahmed Abbasi
director · Resigned 27/01/2026
Shamsuzzaman Khan
director · Resigned 13/10/2006
CompanyRankvs 7260+ SIC 49320 peers79
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£13k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£8k
Working capital
Current Assets
£12k
Current Liabilities
£4k
Fixed Assets
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.06 | -£2k |
| 2021 | 2.75 | — |
Derived from filed accounts. Not audited figures.