Back to search

Indica Automotive Limited

09028998

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

LILLEBONNE WAY PRITEX LIMITED, WELLINGTON, TA21 8FQ
Incorporated 08/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Vaibhav Sharma

director · Since 08/05/2014

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Indica Industries Uk Limited

75–100% shares
75–100% votes
Appoint directors

Clarendon House, 20/22 Aylesbury End, Beaconsfield, HP9 1LW

Reg: 09029219 · Companies House · Private Limited Company

Notified 06/04/2016

Former PSCs

Automotive Insulations Limited

Ceased 29/09/2023

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 11/03/2016Registered 14/03/2016
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD · HSBC ASSET FINANCE (UK) LTD

Created 31/10/2014Registered 10/11/2014Satisfied 25/05/2022
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD · HSBC ASSET FINANCE (UK) LTD

Created 29/09/2014Registered 30/09/2014Satisfied 25/05/2022

CompanyRankvs 951+ SIC 29320 peers
38

Financial strength2th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Edbro Hydraulics Limited
90
2Walsall Pressings Company Limited
90
3Atc Drivetrain Uk Ltd
90
4Titan Motorsport & Automotive Engineering Ltd
90
5Normanton Laminating Services Limited
90
6Ace Supply Company Limited(The)
90
7Drury Precision Engineering Ltd
90
8Calatherm Limited
90
9Sideline Design Limited
90
10Racing Technique Limited
90
951Indica Automotive Limited
44
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.

Employees14/15 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.

Longevity12/15 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

-£224k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£973k

Current Liabilities

£989k

Fixed Assets

£30k

Debtors

£773k

18avg. employees+5

Balance Sheet

Bank loans & overdrafts£69k
Assets less current liabilities£14k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98-£474k
20231.39+£36k
20221.73-£100k
20211.88—

Derived from filed accounts. Not audited figures.