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Garage Equipment Aras Ltd

08412533

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

45 WOOD AVENUE, PURFLEET, RM19 1TL
Incorporated 20/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Aras Suliakas

director · Since 20/02/2013

DIRECTOR

LITHUANIAN · ENGLAND · Age 40

Persons with Significant Control

Mr Aras Suliakas

75–100% shares

Lithuanian · England · Age 40

45, Wood Avenue, Purfleet, RM19 1TL

Notified 06/04/2016

CompanyRankvs 856+ SIC 47990 peers
85

Financial strength91th percentile among SIC peers · 23/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.35× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

£125k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£151k

Working capital

Current Assets

£200k

Current Liabilities

£85k

4avg. employees+1

Balance Sheet

Assets less current liabilities£151k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.35+£1k
202410.37-£381
20233.47

Derived from filed accounts. Not audited figures.