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Budget Cars Ltd

09060693

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PERTH HOUSE, HIGH WYCOMBE, HP12 3AJ
Incorporated 28/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Mr Ayat Mahmood Suleman

director · Since 23/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Amir Akhtar

25–50% shares

British · England · Age 52

Perth House, 3 Grafton Street, High Wycombe, HP12 3AJ

Notified 22/12/2023

Mr Jahangir Akhtar

25–50% shares

British · England · Age 56

Perth House, 3 Grafton Street, High Wycombe, HP12 3AJ

Notified 22/12/2023

Mr Imran Aslam

25–50% shares

British · England · Age 49

Perth House, 3 Grafton Street, High Wycombe, HP12 3AJ

Notified 22/12/2023

Mr Ayat Mahmood Suleman

25–50% shares

British · England · Age 47

Perth House, 3 Grafton Street, High Wycombe, HP12 3AJ

Notified 22/12/2023

Former PSCs

Jahangir Akhtar

Ceased 25/06/2020

Amir Akhtar

Ceased 10/01/2024

Ayat Suleman

Ceased 02/12/2021

Imran Aslam

Ceased 10/01/2024

Mr Jahangir Akhtar

Ceased 10/01/2024

Mr Ayat Mahmood Suleman

Ceased 10/01/2024

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 26/09/2024Registered 09/10/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/10/2023Registered 09/10/2023

CompanyRankvs 1384+ SIC 49320 peers
62

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1384Budget Cars Ltd
68
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.

Employees15/15 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 31/05/2025

Net Worth

£322k

Balance sheet strength

Cash

£86k

Cash in the bank

Net Current Assets

-£113k

Working capital

Current Assets

£114k

Current Liabilities

£227k

Fixed Assets

£869k

Debtors

£28k

Profit After Tax

£178k

14avg. employees

Tax at Year End

Dividends paid£180k

Balance Sheet

Assets less current liabilities£756k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.50+£0
20250.50-£2k
20241.23+£149k
20231.56—

Derived from filed accounts. Not audited figures.