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Local Cars Ltd

11899416

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

161B BROWNROYD HILL ROAD, BRADFORD, BD6 1RU
Incorporated 22/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

CompanyRankvs 5550+ SIC 49320 peers
77

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.77× · 16/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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 31/03/2025

Net Worth

£205k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£133k

Working capital

Current Assets

£306k

Current Liabilities

£173k

Fixed Assets

£162k

18avg. employees+3

Balance Sheet

Assets less current liabilities£295k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.77+£81k
20241.26

Derived from filed accounts. Not audited figures.