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Premier Cars (Walsall) Ltd

09925809

active
Private Limited Company
england wales
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

1 MELLISH ROAD, WALSALL, WS4 2DQ
Incorporated 22/12/2015

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 19/05/2026

Due 02/06/2027

On track

Industry

49390
Other passenger land transport

Officers

Mr Hafeez Hussain

director · Since 22/12/2015

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Hafeez Hussain

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

British · England · Age 50

1, Mellish Road, Walsall, WS4 2DQ

Notified 21/12/2016

Former PSCs

Mr Waheed Hussain

Ceased 19/05/2026

CompanyRankvs 965+ SIC 49390 peers
75

Financial strength85th percentile among SIC peers · 21/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.64× · 16/20
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 strength21/25 pts

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

Employees12/15 pts

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

Liquidity16/20 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 30/11/2024

Net Worth

£118k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£51k

Current Liabilities

£31k

Fixed Assets

£199k

Debtors

£30k

3avg. employees+1

Balance Sheet

Assets less current liabilities£218k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.64+£46k
20234.09+£38k
20220.20+£49k
20217.23
20200.96
20190.98
20180.03

Derived from filed accounts. Not audited figures.