Essex Vehicles Ltd
09348560
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/06/2015
MANAGING DIRECTOR
LITHUANIAN · UNITED KINGDOM · Age 40
Also on 2 other boards
Persons with Significant Control
Tadasmatas Limited
Unit 8, The Elms, Romford, RM3 0JU
Reg: 15814451 · England · Private Limited Company
Notified 28/08/2024
Former PSCs
Mr Tadas Lebedevas
Ceased 28/08/2024
CompanyRankvs 10053+ SIC 45112 peers58
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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.
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
£274k
Balance sheet strength
Cash
£68k
Cash in the bank
Net Current Assets
-£77k
Working capital
Current Assets
£500k
Current Liabilities
£577k
Fixed Assets
£374k
Debtors
£62k
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.87 | +£9k |
| 2023 | 1.28 | +£71k |
| 2022 | 1.88 | +£81k |
| 2021 | 2.57 | +£33k |
| 2020 | 2.10 | +£29k |
| 2019 | 1.40 | — |
| 2018 | 1.45 | — |
Derived from filed accounts. Not audited figures.