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Narco Tuning Ltd

09417775

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

1110 ELLIOTT COURT COVENTRY BUSINESS PARK, COVENTRY, CV5 6UB
Incorporated 02/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Adam David Barker

director · Since 02/02/2015

ENGINEER

BRITISH · ENGLAND · Age 37

Also on 4 other boards

Mr Gordon James Townsend

director · Since 02/02/2015

ENGINEER

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Adam David Barker

25–50% shares
25–50% votes

British · England · Age 37

163, Oxendon Way, Coventry, CV3 2GS

Notified 02/02/2017

Mr Gordon James Townsend

25–50% shares
25–50% votes

British · United Kingdom · Age 38

Pudding Bag House, 6 Asthill Croft, Coventry, CV3 6HL

Notified 02/02/2017

CompanyRankvs 12701+ SIC 45200 peers
61

Financial strength65th percentile among SIC peers · 16/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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12701Narco Tuning Ltd
61
How is this score calculated?
Financial strength16/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 26/02/2024

Net Worth

£18k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£150k

Current Liabilities

£125k

Fixed Assets

£19k

2avg. employees-1

Balance Sheet

Assets less current liabilities£44k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20+£17k
20231.10—
20221.17—
20211.13-£20k
20201.00—
20191.06—

Derived from filed accounts. Not audited figures.