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Direct Motoring Ltd

11669681

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

7 AJAX HOUSE, LONDON, E2 6QY
Incorporated 09/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
52290
Other transportation support activities

Officers

Mr Milad Walid

director · Since 09/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Persons with Significant Control

Mr Milad Walid

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

British · England · Age 34

7 Ajax House, Old Bethnal Green Road, London, E2 6QY

Notified 09/11/2018

CompanyRankvs 12585+ SIC 45112 peers
48

Financial strength84th percentile among SIC peers · 21/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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6Platts Motor Company Limited
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12585Direct Motoring Ltd
47
How is this score calculated?
Financial strength21/25 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.

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 30/11/2024

Net Worth

£95k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£206k

Working capital

Current Assets

£79k

Current Liabilities

£284k

Fixed Assets

£111k

0avg. employees-2

Tax at Year End(2022)

VAT£2k

Balance Sheet

Assets less current liabilities£95k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.28+£0—
20230.28+£6k—
20220.25+£13k£48k
20210.68+£60k£99k
20209.04—£19k

Derived from filed accounts. Not audited figures.