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Million Cars Limited

09961079

active
Private Limited Company
england wales
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

OFFICE 03 ENTERPRISE PARK, HENLEY-ON-THAMES, RG9 1UF
Incorporated 20/01/2016

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

49320
Taxi operation

Officers

Mr Naveed Ali

director · Since 20/01/2016

TAXI SERVICES

PAKISTANI · ENGLAND · Age 43

Persons with Significant Control

Mr Naveed Ali

75–100% shares

Pakistani · England · Age 43

Office 03 Enterprise Park, Greys Road, Henley-On-Thames, RG9 1UF

Notified 19/01/2017

CompanyRankvs 2381+ SIC 49320 peers
63

Financial strength61th percentile among SIC peers · 15/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 5.97× · 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 strength15/25 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.

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 31/01/2025

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£21k

Current Liabilities

£4k

Fixed Assets

£5k

0avg. employees

Balance Sheet

Assets less current liabilities£22k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20255.97+£800
202410.82+£127
202315.34

Derived from filed accounts. Not audited figures.