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4 Wheels Distribution Ltd

11213350

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

14 SUMMIT WAY 14 SUMMIT WAY, LONDON, N14 7NL
Incorporated 19/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers
56290
Other food service activities

Officers

Hakan Fehim Izzet

director · Since 10/05/2023

British

Former

Gulsev Izzet

director · Resigned 09/05/2023

Hakan Fehim Izzet

director · Resigned 28/01/2019

CompanyRankvs 65660+ SIC 53202 peers
31

Financial strength4th percentile among SIC peers · 1/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees1/15 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.

Longevity8/15 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 28/02/2025

Net Worth

-£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£21k

Current Liabilities

£35k

Fixed Assets

£31k

0avg. employees-3

Balance Sheet

Assets less current liabilities£51k
Signed by 29.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.58-£43k
2024Infinity

Derived from filed accounts. Not audited figures.