Local Cars Borehamwood Limited
11940823
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Muhammad Israr Ul Haq
British · England · Age 39
Flat 9 Servas Court, 63 Station Road, Barnet, EN5 1PR
Notified 10/10/2019
Former PSCs
Mr Hamid Ilyas Mughal
Ceased 10/10/2019
CompanyRankvs 4577+ SIC 49320 peers52
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2025
Net Worth
£48k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£48k
Working capital
Current Assets
£620
Current Liabilities
£49k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | -£937 |
| 2024 | 0.02 | -£2k |
| 2023 | 0.01 | — |
Derived from filed accounts. Not audited figures.