Back to search

Jac Cars Ltd.

10816153

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

NOAK HILL ROAD, ROMFORD, RM3 7LD
Incorporated 13/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Adeel Iftikhar

director · Since 22/06/2020

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Tousif Javed

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

Noak Hill Road, Noak Hill Equestrian Centre, Romford, RM3 7LD

Notified 22/06/2020

Mr Ghulam Hussain Khan

25–50% shares
25–50% votes

British · England · Age 63

Noak Hill Road, Noak Hill Equestrian Centre, Romford, RM3 7LD

Notified 07/02/2025

Former PSCs

Mr Ashir Javed

Ceased 22/06/2020

Mr Ashir Javed

Ceased 25/08/2024

CompanyRankvs 10509+ SIC 45112 peers
52

Financial strength9th percentile among SIC peers · 2/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 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.

Liquidity12/20 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 27/06/2024

Net Worth

-£25k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£189k

Current Liabilities

£184k

Fixed Assets

£7k

Debtors

£2k

5avg. employees+1

Balance Sheet

Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03-£36k
20231.26-£24k
20221.35+£21k
20211.43-£5k
20202.31
20192.27
20181.85

Derived from filed accounts. Not audited figures.