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Ford Tech Ltd

10227823

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

68 LEVETT GARDENS, ILFORD, IG3 9BU
Incorporated 12/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Paramjot Singh Bansal

director · Since 27/09/2019

MANAGER

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr Paramdip Singh Bansal

director · Since 06/11/2020

MOTOR TRADER

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Paramjot Singh Bansal

25–50% shares
25–50% votes

British · England · Age 38

68, Levett Gardens, Ilford, IG3 9BU

Notified 24/07/2020

Mr Paramdip Singh Bansal

25–50% shares
25–50% votes

British · United Kingdom · Age 41

68, Levett Gardens, Ilford, IG3 9BU

Notified 03/10/2023

Former PSCs

Mr Paramdip Singh Bansal

Ceased 20/07/2020

Mr Paramjot Singh Bansal

Ceased 23/04/2019

CompanyRankvs 24395+ SIC 45200 peers
45

Financial strength42th percentile among SIC peers · 11/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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 30/06/2025

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£10k

Current Liabilities

£24k

Fixed Assets

£18k

2avg. employees

Balance Sheet

Assets less current liabilities£4k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.42+£0
20250.42+£233
20241.74
2023NaN
2022Infinity
202148.92-£104
20200.29
20191.03
20181.01

Derived from filed accounts. Not audited figures.