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Budget Tyres And Autos Ltd

11818473

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 4 VW HOUSE, DAGENHAM, RM8 1QH
Incorporated 11/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Gaurav Manohar Nimje

director · Since 01/02/2025

DIRECTOR

INDIAN · ENGLAND · Age 28

Also on 1 other board

Persons with Significant Control

Mr Gaurav Manohar Nimje

75–100% shares

Indian · England · Age 28

Flat 8, Evergreen House, Ilford, IG1 2FU

Notified 01/02/2025

Former PSCs

Mr Qayyum Khan

Ceased 01/06/2024

Mr Nicolae Muzsikas

Ceased 15/09/2024

Mr Andrei Oltu

Ceased 01/02/2025

CompanyRankvs 21704+ SIC 45200 peers
48

Financial strength10th percentile among SIC peers · 3/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.29× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 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.

Longevity7/15 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 29/02/2024

Net Worth

-£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£19k

Current Liabilities

£4k

1avg. employees+1

Balance Sheet

Assets less current liabilities£15k
Signed by 1.3.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20244.29+£5k
202315.70+£19k
20226.56-£20k
20215.97+£2k
20200.17

Derived from filed accounts. Not audited figures.