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Ridewell Automotive Ltd

06645120

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

M158 VIGLEN HOUSE BUSINESS CENTRE, WEMBLEY, HA0 1HD
Incorporated 14/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
77110
Renting and leasing of cars and light motor vehicles

Officers

Manmohansingh Sachdeva

director · Since 14/07/2008

French

Manjit Singh

director · Since 01/12/2015

Indian

CompanyRankvs 56300+ SIC 49410 peers
75

Financial strength84th percentile among SIC peers · 21/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.08× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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5630Ridewell Automotive Ltd
75
How is this score calculated?
Financial strength21/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 29/01/2025

Net Worth

£50k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£54k

Working capital

Current Assets

£80k

Current Liabilities

£26k

Fixed Assets

£32k

Debtors

£52k

1avg. employees

Tax at Year End

Corp tax£751

Balance Sheet

Bank loans & overdrafts£35k
Assets less current liabilities£86k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.08+£5k
20242.73+£11k
20234.94—

Derived from filed accounts. Not audited figures.