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Veritas Hire And Rta Solutions Ltd

11855039

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

Details

5 THE VIBE, MANCHESTER, M7 1UD
Incorporated 01/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Azhar Gulzar Ranjha

director · Since 12/03/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 3 other boards

Persons with Significant Control

Mr Azhar Gulzar Ranjha

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

British · United Kingdom · Age 41

5, The Vibe, Manchester, M7 1UD

Notified 12/03/2021

Former PSCs

Mr Azhar Gulzar Ranjha

Ceased 07/06/2020

Mrs Shakra Azhar

Ceased 02/07/2021

CompanyRankvs 1923+ SIC 77110 peers
57

Financial strength62th percentile among SIC peers · 16/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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1923Veritas Hire And Rta Solutions Ltd
57
How is this score calculated?
Financial strength16/25 pts

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

Employees7/15 pts

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

Liquidity12/20 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 31/03/2020

Net Worth

£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£21k

Current Liabilities

£14k

1avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20201.47

Derived from filed accounts. Not audited figures.