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Ruqash Ltd

09577420

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Health Score
60 / 100

Some Concerns

10/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

Unit 2 122 Longley Lane, Manchester, M22 4SY
Incorporated 06/05/2015

Compliance

Last accounts

31/05/2024

dormant

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 12/09/2025

Due 26/09/2026

On track

Industry

45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Shahzad Ahmed

director · Since 11/09/2025

British · England · Age 45

Former

Muhammad Haroon Zia

director · Resigned 11/09/2025

Persons with Significant Control

Mr Shahzad Ahmed

75–100% shares
75–100% votes
Appoint directors

British · England · Age 45

Unit 2, 122 Longley Lane, Manchester, M22 4SY

Notified 11/09/2025

Former PSCs

Mr Muhammad Haroon Zia

Ceased 11/09/2025

Change History

officer appointedAHMED, Shahzad
2026-06-08
statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line1Unit 2 122 Longley Lane
2026-06-08

UNIT 2

post townManchester
2026-06-08

MANCHESTER

CompanyRankvs 25252+ SIC 45112 peers
21

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceOne filing overdue · 5/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 compliance5/15 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 31/05/2024

Net Worth

-£98k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£900

Current Liabilities

£5k

Fixed Assets

£21k

0avg. employees-1

Balance Sheet

Assets less current liabilities£17k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17-£4k
20237.17-£9k
202236.02-£34k
202154.65+£7k
202020.54-£4k
201910.93+£2k
201811.30

Derived from filed accounts. Not audited figures.