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Newham Minicabs Limited

10527736

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

293A BARKING ROAD, LONDON, E6 1LB
Incorporated 15/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Fawad Ahsan Yazdani

director · Since 15/12/2016

British

Former

Imran Zafar

director · Resigned 31/01/2022

CompanyRankvs 58620+ SIC 49320 peers
52

Financial strength41th percentile among SIC peers · 10/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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5862Newham Minicabs Limited
48
How is this score calculated?
Financial strength10/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/12/2024

Net Worth

£174

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£3k

Current Liabilities

£6k

Fixed Assets

£3k

3avg. employees

Balance Sheet

Assets less current liabilities£174
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.56

Derived from filed accounts. Not audited figures.