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Project Cars (Uk) Limited

08918990

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

22-24 Albion Street, London, SE16 7JQ
Incorporated 03/03/2014

Compliance

Last accounts

29/03/2025

micro entity

Next accounts due

29/12/2026

On track

Confirmation statement

Last: 03/12/2025

Due 17/12/2026

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Babrul Hussain Matin

director · Since 03/03/2014

DIRECTOR

BRITISH · ENGLAND

Also on 17 other boards

Babrul Hussain Matin

director · Since 03/03/2014

British · England

Persons with Significant Control

Ms Khadijah Karim

25–50% shares

British · United Kingdom

Notified 06/04/2016

Mr Babrul Hussain Matin

25–50% shares

British · United Kingdom

Notified 06/04/2016

Change History

status → active
2026-08-15

Active

type → ltd
2026-08-15

Private Limited Company

address line1 → 22-24 Albion Street
2026-08-15

22-24 ALBION STREET

post town → London
2026-08-15

LONDON

officer appointed → MATIN, Babrul Hussain
2026-08-15

CompanyRankvs 19042+ SIC 45112 peers
33

Financial strength4th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.41× · 2/20
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 strength1/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 29/03/2025

Net Worth

-£74k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£37k

Current Liabilities

£90k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£54k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41-£5k
20240.63-£1k
20230.55—

Derived from filed accounts. Not audited figures.