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Vertex Cars Ltd

11736010

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)
  • Current liabilities exceed current assets (-10)

Details

UNIT 5 WATERSIDE DRIVE, SLOUGH, SL3 6EZ
Incorporated 20/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Rana Imran Farooq

director · Since 03/03/2020

ENTREPRENEUR

BRITISH · ENGLAND · Age 41

Also on 3 other boards

Persons with Significant Control

Mr Rana Imran Farooq

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

British · England · Age 41

Unit 5, Waterside Drive, Slough, SL3 6EZ

Notified 01/03/2020

Former PSCs

Mr Raja Bashir

Ceased 01/10/2019

Mr Muhammad Kashif Munir

Ceased 10/09/2020

Mrs Shumaila Imran

Ceased 20/10/2019

CompanyRankvs 6923+ SIC 45112 peers
62

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.43× · 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 strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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

£267k

Balance sheet strength

Cash

£759

Cash in the bank

Profit Before Tax

£7k

Bottom line earnings

Net Current Assets

£178k

Working capital

Current Assets

£178k

Current Liabilities

£412k

Fixed Assets

£501k

Debtors

£107k

Gross Profit

£445k

Admin Expenses

£438k

Operating Profit

£7k

Profit After Tax

£7k

9avg. employees

Balance Sheet

Assets less current liabilities£680k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43+£0
20240.43+£6k
20230.30+£8k
20220.46+£181k
20210.52+£59k
20201.04+£15k
20190.99

Derived from filed accounts. Not audited figures.