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Perfect Line Motors Limited

10464949

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR, LONDON, E15 4QZ
Incorporated 07/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting
45112
Sale of used cars and light motor vehicles
45310
Wholesale trade of motor vehicle parts and accessories
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Deividas Tamulevicius

director · Since 07/11/2016

DIRECTOR

LITHUANIAN · ENGLAND · Age 39

Persons with Significant Control

Mr Deividas Tamulevicius

Significant control

Lithuanian · England · Age 39

First Floor, 359 High Street, Stratford, London, E15 4QZ

Notified 07/11/2016

CompanyRankvs 10246+ SIC 43341 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.25× · 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 strength0/25 pts

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

Employees4/15 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 30/11/2024

Net Worth

-£70k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£24k

Current Liabilities

£94k

1avg. employees

Balance Sheet

Assets less current liabilities-£70k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.25-£18k
20230.35-£29k
20220.55-£29k
20210.76-£17k
20200.20+£33k
20190.22
20181.00

Derived from filed accounts. Not audited figures.