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M Cars Surrey Ltd

10349007

active
Private Limited Company
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

HEATHVIEW, LINGFIELD, RH7 6LG
Incorporated 27/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Rafiq Ahmed

director · Since 31/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Rafiq Ahmed

75–100% shares

British · England · Age 56

Heathview, Eastbourne Road, Lingfield, RH7 6LG

Notified 31/08/2022

Former PSCs

Mr Muhammad Hassan Saleem

Ceased 31/08/2022

CompanyRankvs 1579+ SIC 45112 peers
81

Financial strength88th percentile among SIC peers · 22/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 55.61× · 20/20
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 strength22/25 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.

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 31/08/2024

Net Worth

£170k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£654k

Working capital

Current Assets

£666k

Current Liabilities

£12k

Fixed Assets

£234k

5avg. employees-1

Tax at Year End

VAT£6k

Balance Sheet

Bank loans & overdrafts£102k
Assets less current liabilities£888k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202455.61+£14k£115k
202340.44+£35k£131k
202249.76+£30k
20216.31

Derived from filed accounts. Not audited figures.