Back to search

24/7 Cars Lichfield Ltd

11582962

active
Private Limited Company
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

REAR OF 7, LICHFIELD, WS13 6PW
Incorporated 21/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Mr Hunnain Ajaz

director · Since 21/09/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Persons with Significant Control

Mr Hunnain Ajaz

75–100% shares

British · United Kingdom · Age 29

Rear Of 7, Bird Street, Lichfield, WS13 6PW

Notified 21/09/2018

CompanyRankvs 6222+ SIC 49320 peers
46

Financial strength4th percentile among SIC peers · 1/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.12× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 30/09/2024

Net Worth

-£42k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£9k

Current Liabilities

£3k

Fixed Assets

£12k

0avg. employees

Balance Sheet

Bank loans & overdrafts£30k
Assets less current liabilities£18k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.12+£16k
20233.79

Derived from filed accounts. Not audited figures.