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Carfare Property Development Ltd

11528162

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

62 SEYMOUR GROVE, MANCHESTER, M16 0LN
Incorporated 21/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Yasir Nisar Beg

director · Since 21/08/2018

MANAGER

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Yasir Nisar Beg

75–100% shares
75–100% votes
Appoint directors

British · England · Age 48

62, Seymour Grove, Manchester, M16 0LN

Notified 21/08/2018

CompanyRankvs 43153+ SIC 43999 peers
34

Financial strength5th percentile among SIC peers · 1/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.93× · 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.

Employees4/15 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

-£22k

Balance sheet strength

Cash

£413

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£296k

Current Liabilities

£318k

Debtors

£296k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93-£90
202360.58+£3k

Derived from filed accounts. Not audited figures.