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District Cars Meco Ltd

08440160

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)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2 MILL COURT, CRAWLEY, RH10 1TT
Incorporated 12/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Mr Ashok Puri

director · Since 12/03/2013

COMPANY DIRECTOR

KENYAN · UNITED ARAB EMIRATES · Age 71

Also on 2 other boards

Mrs Manju Puri

director · Since 12/03/2013

COMPANY DIRECTOR

INDIAN · UNITED ARAB EMIRATES · Age 67

Also on 1 other board

Mrs Harleen Kohli

secretary · Since 11/03/2024

Persons with Significant Control

Meco Maitha Limited

75–100% shares

7, Redbridge Lane East, Ilford, IG4 5ET

Reg: 08417231 · England · Limited Company

Notified 15/01/2021

Former PSCs

Mr Ashok Puri

Ceased 15/01/2021

Mrs Manju Puri

Ceased 15/01/2021

CompanyRankvs 136+ SIC 49320 peers
86

Financial strength97th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.81× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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136District Cars Meco Ltd
86
How is this score calculated?
Financial strength24/25 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 31/03/2024

Net Worth

£318k

Balance sheet strength

Cash

£45k

Cash in the bank

Net Current Assets

£316k

Working capital

Current Assets

£381k

Current Liabilities

£66k

Fixed Assets

£2k

Debtors

£336k

5avg. employees-11

Tax at Year End

Corp tax£34k

Balance Sheet

Assets less current liabilities£318k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20245.81+£23k
20233.54+£24k
20224.95+£50k
20211.58+£3k
20202.09+£31k
20192.14+£34k
20182.71—

Derived from filed accounts. Not audited figures.