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Shoy'S Hire Assistance Limited

06643506

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

19 HATCHMERE CLOSE, ALTRINCHAM, WA15 7LN
Incorporated 10/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Mrs Lucy Shoy

secretary · Since 10/07/2008

Mr Shoy Cherian

director · Since 10/07/2008

BUSINESS

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Shoy Cherian

Appoint directors
Significant control

British · United Kingdom · Age 61

19, Hatchmere Close, Altrincham, WA15 7LN

Notified 01/07/2016

Mr Shoy Cherian

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · United Kingdom · Age 61

19, Hatchmere Close, Altrincham, WA15 7LN

Notified 10/07/2017

CompanyRankvs 4692+ SIC 77110 peers
35

Financial strength13th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.16× · 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 strength3/25 pts

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

Employees0/15 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 31/07/2024

Net Worth

-£13k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£5k

Current Liabilities

£33k

Fixed Assets

£15k

Tax at Year End

Corp tax£593
VAT£626

Director Loans

Company owes directors£3k

Balance Sheet

Assets less current liabilities-£13k
Signed by Mr Shoy Cherian 21st September 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.16-£2k£13k
20230.04
20220.05
20210.55+£13k£23k
20200.44-£4k£43k
20190.24-£20k£85k
20180.59£82k

Derived from filed accounts. Not audited figures.