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Ras Car Traders Limited

11542798

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

1 Westerdale, Chelmsford, CM1 6UN
Incorporated 30/08/2018

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 12/08/2025

Due 26/08/2026

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Raja M Irfan Ashraf

director · Since 30/08/2018

British · England · Age 48

Persons with Significant Control

Mr Raja M Irfan Ashraf

Significant control

British · England · Age 48

1 Westerdale, Chelmsford, CM1 6UN

Notified 30/08/2018

Change History

officer appointedASHRAF, Raja M Irfan
2026-06-08
statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line11 Westerdale
2026-06-08

1 WESTERDALE

post townChelmsford
2026-06-08

CHELMSFORD

CompanyRankvs 19819+ SIC 45112 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.3× · 2/20
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.

Employees6/15 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.

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

-£132k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

-£133k

Working capital

Current Assets

£58k

Current Liabilities

£191k

Fixed Assets

£210

Debtors

£1k

1avg. employees

Tax at Year End

Corp tax£225

Director Loans

Company owes directors£83k

Balance Sheet

Assets less current liabilities-£132k
Signed by Mr Raja Ashraf 30/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.30-£48k
20230.46-£79k£2k
20220.93-£1k£2k
20210.82
20201.07
20190.94

Derived from filed accounts. Not audited figures.