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Desirable Car Limited

07225089

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

DESIRABLE CAR, COALVILLE, LE67 3LF
Incorporated 15/04/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Deepak Mavani

director · Since 15/04/2010

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 6 other boards

Mr Sandeep Pranjivan Modi

director · Since 01/07/2022

SALES DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mr Benjamin Joshua Gardiner

secretary · Since 03/02/2026

Persons with Significant Control

Twenty23 Limited

75–100% shares
75–100% votes

The Old Bus Depot, Ashby Road, Coalville, LE67 3LF

Reg: 14462512 · Companies House · Private Limited Company

Notified 17/04/2023

Former PSCs

Mr Deepak Mavani

Ceased 17/04/2023

Charges1 outstanding

Charge
satisfied

UNITED TRUST BANK LTD

Created 11/05/2023Registered 17/05/2023Satisfied 29/05/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 05/06/2020Registered 13/06/2020
charge
satisfied

BARCLAYS BANK PLC

Created 17/08/2011Registered 27/08/2011Satisfied 21/03/2017

CompanyRankvs 120+ SIC 45112 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£2.7M

Balance sheet strength

Cash

£241k

Cash in the bank

Net Current Assets

£2.6M

Working capital

Current Assets

£4.6M

Current Liabilities

£2.0M

Fixed Assets

£197k

Debtors

£1.3M

20avg. employees

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities£2.8M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.33+£453k
20231.91+£672k
20222.14+£412k
20212.18+£245k
20201.74+£124k
20201.81+£23k
20191.74+£11k
20182.00

Derived from filed accounts. Not audited figures.