Ontime Cars Limited
11522093
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/08/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 32
Also on 1 other board
Persons with Significant Control
Mr Muhammad Ali
British · England · Age 32
41, Broad Oak Road, Canterbury, CT2 7PN
Notified 16/08/2018
Former PSCs
Mr Amir Kabal
Ceased 17/05/2021
CompanyRankvs 8292+ SIC 49320 peers43
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2025
Net Worth
-£18k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£7k
Working capital
Current Assets
£12k
Current Liabilities
£19k
Fixed Assets
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.62 | -£35k |
| 2024 | 2.57 | -£393 |
| 2023 | — | -£7k |
| 2022 | 36.41 | +£4k |
| 2021 | 10.86 | +£17k |
| 2020 | 4.65 | +£52k |
| 2019 | 0.12 | — |
Derived from filed accounts. Not audited figures.