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Affordable Vehicles Ltd

11513321

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

DORNEY HOUSE BUSINESS CENTRE, BURNHAM, SL1 7JP
Incorporated 13/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64910
Financial leasing

Officers

Mr Pervinder Brar

director · Since 22/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 4 other boards

Mr Telvinder Brar

director · Since 22/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 3 other boards

Persons with Significant Control

Mr Pervinder Brar

25–50% shares
25–50% votes

British · United Kingdom · Age 41

2nd Floor, The Porter Building, Slough, SL1 1FQ

Notified 22/10/2020

Mr Telvinder Brar

25–50% shares
25–50% votes

British · United Kingdom · Age 45

2nd Floor, The Porter Building, Slough, SL1 1FQ

Notified 22/10/2020

Former PSCs

Mr Amarjit Chand

Ceased 17/12/2019

Mrs Tejinder Kaur Dottin

Ceased 22/10/2020

CompanyRankvs 694+ SIC 64910 peers
40

Financial strength4th percentile among SIC peers · 1/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.63× · 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.

Employees10/15 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 31/08/2024

Net Worth

-£62k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£103k

Current Liabilities

£164k

2avg. employees+2

Balance Sheet

Assets less current liabilities-£62k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63-£72k
202319.36-£932
202235.24+£5k
2021113.69-£25k
20202.32+£27k
20191.37

Derived from filed accounts. Not audited figures.