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Ontime Speedy Cars Ltd

09348758

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 3 OAKWOOD STATION, LONDON, N14 4UT
Incorporated 10/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation
77110
Renting and leasing of cars and light motor vehicles
96090
Other personal service activities

Officers

Abbas Mazhar

director · Since 12/07/2017

British

Former

Tugay Hurman

director · Resigned 31/01/2016

Peter Jones

director · Resigned 11/07/2017

CompanyRankvs 50590+ SIC 49320 peers
57

Financial strength60th percentile among SIC peers · 15/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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5059Ontime Speedy Cars Ltd
53
How is this score calculated?
Financial strength15/25 pts

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

Employees10/15 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.

Longevity11/15 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 31/12/2024

Net Worth

£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£23k

Current Liabilities

£41k

Fixed Assets

£20k

2avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.58

Derived from filed accounts. Not audited figures.