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Executive Cars (Wales) Limited

08406601

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4B, LLANGAN, CF35 5DR
Incorporated 18/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation
49390
Other passenger land transport

Officers

Mr Alexander Lee Hiscocks

director · Since 18/03/2022

DIRECTOR

BRITISH · WALES · Age 34

Persons with Significant Control

Eric James Travel Services Limited

75–100% shares

Unit 4b Westwinds Business Park, Llangan, Bridgend, CF35 5DR

Reg: 11886727 · England And Wales · Limited Company

Notified 18/03/2022

Mr Alexander Lee Hiscocks

75–100% shares

British · Wales · Age 34

Unit 4b, Westwinds Business Park, Llangan, CF35 5DR

Notified 01/01/2023

Former PSCs

Mr David Kelvin Llewellyn

Ceased 18/03/2022

Charges1 outstanding

A registered charge
outstanding

BIZCAP LIMITED

Created 30/06/2026Registered 09/07/2026
Charge
satisfied

FINBIZ FUNDING LIMITED

Created 05/08/2024Registered 12/08/2024Satisfied 14/11/2024

CompanyRankvs 2189+ SIC 49320 peers
57

Financial strength73th percentile among SIC peers · 18/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 29/02/2024

Net Worth

£9k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£103k

Current Liabilities

£115k

Fixed Assets

£154k

Debtors

£76k

12avg. employees+7

Tax at Year End

VAT£5k

Balance Sheet

Assets less current liabilities£141k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.89-£98k£100k
20233.14£179k

Derived from filed accounts. Not audited figures.