Back to search

Cedar Cars Redhill Limited

10071072

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

20 CRAMPHORN WALK, CHELMSFORD, CM1 2RD
Incorporated 18/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Umut Ozgen Yuksel

director · Since 01/05/2025

British

Former

Shafqat Rahman Ali

director · Resigned 01/05/2025

CompanyRankvs 30570+ SIC 49320 peers
61

Financial strength15th percentile among SIC peers · 4/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.09× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength4/25 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.

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.

Longevity10/15 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 31/03/2025

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£12k

Current Liabilities

£6k

Fixed Assets

£1k

3avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20252.09

Derived from filed accounts. Not audited figures.