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Eurofit Autocentre (Z) Ltd

09722754

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

125 GORSEBROOK ROAD, WOLVERHAMPTON, WV10 6JD
Incorporated 08/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Mohammad Zaeem Chohan

director · Since 08/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 20 other boards

Persons with Significant Control

Mr Mohammad Chohan Zaeem

75–100% shares
75–100% votes

British · England · Age 37

125, Gorsebrook Road, Wolverhampton, WV10 6JD

Notified 31/08/2019

Former PSCs

Mr Mohammad Suleman

Ceased 24/03/2026

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 02/12/2020Registered 02/12/2020

CompanyRankvs 2536+ SIC 45200 peers
73

Financial strength87th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.07× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity20/20 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.

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 31/08/2024

Net Worth

£145k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£105k

Working capital

Current Assets

£204k

Current Liabilities

£99k

Fixed Assets

£47k

Debtors

£133k

16avg. employees-2

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£152k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.07+£7k
20231.75+£2k
20222.25-£26k
20213.14+£43k
20202.23+£225k
2019-1.29-£9k
2018-1.16

Derived from filed accounts. Not audited figures.