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Armtrack Group Limited

11292095

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

12 HATHERLEY ROAD, SIDCUP, DA14 4DT
Incorporated 05/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Ishit Ratilal Patel

director · Since 05/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Mr Pralhadkumar Patel

director · Since 23/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 4 other boards

Persons with Significant Control

Mr Ishit Ratilal Patel

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

British · England · Age 62

12, Hatherley Road, Sidcup, DA14 4DT

Notified 05/04/2018

Mr Pralhadkumar Patel

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

British · England · Age 67

12, Hatherley Road, Sidcup, DA14 4DT

Notified 15/11/2023

Former PSCs

Mr Pralhadkumar Patel

Ceased 30/04/2019

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 22/07/2020Registered 22/07/2020

CompanyRankvs 26231+ SIC 45200 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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26231Armtrack Group Limited
41
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.

Employees15/15 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.

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.

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 31/03/2025

Net Worth

-£97k

Balance sheet strength

Cash

£130k

Cash in the bank

Net Current Assets

-£537k

Working capital

Current Assets

£358k

Current Liabilities

£895k

Fixed Assets

£441k

Debtors

£191k

48avg. employees

Balance Sheet

Assets less current liabilities-£97k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.40-£132k
20240.52+£351k
20230.50+£160k
20220.52+£267k
20210.31—

Derived from filed accounts. Not audited figures.