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Eurofit Autocentre (Ra) Ltd

09722846

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

5 GEORGE ROAD, BIRMINGHAM, B15 1NP
Incorporated 08/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Mohammed Rashad Mimi

director · Since 08/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 18 other boards

Persons with Significant Control

Mr Mohammad Rashad

75–100% shares
Appoint directors

British · England · Age 55

5, George Road, Birmingham, B15 1NP

Notified 06/04/2016

CompanyRankvs 3592+ SIC 45200 peers
80

Financial strength80th percentile among SIC peers · 20/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.72× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 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.

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

£70k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£75k

Working capital

Current Assets

£119k

Current Liabilities

£44k

Fixed Assets

£28k

9avg. employees

Balance Sheet

Assets less current liabilities£103k
Signed by Mr Rashad Mohammed 16/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.72+£25k
20232.92+£3k
20223.48-£20k
20213.07+£9k
20203.43+£94k
2019-1.28-£7k
2018-1.07

Derived from filed accounts. Not audited figures.