Ms Automotive (London) Limited
06059823
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Manoj Sharma
British · England · Age 62
International House, 36-38 Cornhill, London, EC3V 3NG
Notified 06/04/2016
CompanyRankvs 1440+ SIC 65120 peers38
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g
Key FinancialsYear ending 31/08/2024
Net Worth
-£121k
Balance sheet strength
Cash
£380k
Cash in the bank
Profit Before Tax
£192k
Bottom line earnings
Net Current Assets
-£109k
Working capital
Current Assets
£2.8M
Current Liabilities
£2.9M
Fixed Assets
£629
Debtors
£1.6M
Admin Expenses
£631k
Profit After Tax
£217k
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.96 | +£167k |
| 2023 | 0.89 | -£50k |
| 2022 | 0.95 | — |
| 2021 | 0.99 | — |
Derived from filed accounts. Not audited figures.