42gears Mobility Systems (Uk) Limited
10855306
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Onkar Singh Parhar
Indian · United States · Age 49
202 Anvic,49 Piccadilly House, Piccadilly, Manchester, M1 2AP
Notified 07/07/2017
Mr Prakash Gupta
Indian · India · Age 43
201, 49 Piccadilly House, Piccadilly, Manchester, M1 2AP
Notified 31/08/2020
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 6861+ SIC 62020 peers70
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2022
Net Worth
£103k
Balance sheet strength
Cash
£60k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£140k
Current Liabilities
£37k
Debtors
£79k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 3.80 | +£29k |
| 2021 | 3.23 | +£18k |
| 2020 | 2.23 | +£32k |
| 2019 | 1.76 | — |
Derived from filed accounts. Not audited figures.