34 Cars Ltd
09050845
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/06/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 4 other boards
Persons with Significant Control
Mr Mohammed Iqbal
British · England · Age 56
Unit 1, Outgang Lane, York, YO19 5UP
Notified 01/09/2016
Charges1 outstanding
SANTANDER UK PLC AS SECURITY TRUSTEE
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 1410+ SIC 49320 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2024
Net Worth
£154k
Balance sheet strength
Cash
£108k
Cash in the bank
Net Current Assets
-£137k
Working capital
Current Assets
£221k
Current Liabilities
£358k
Fixed Assets
£356k
Debtors
£113k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.62 | +£62k |
| 2023 | 0.56 | +£39k |
| 2022 | 0.42 | +£16k |
| 2020 | 9.63 | -£42k |
| 2019 | 0.79 | +£29k |
| 2018 | 0.38 | — |
Derived from filed accounts. Not audited figures.