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Ms Used Vehicles Limited

12002939

active
Private Limited Company
wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SA12 BUSINESS CENTRE SEAWAY PARADE, PORT TALBOT, SA12 7BR
Incorporated 17/05/2019

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 17/06/2025

Due 01/07/2026

Overdue

Industry

45112
Sale of used cars and light motor vehicles
56103
Take-away food shops and mobile food stands

Officers

Mr Mark Stead

director · Since 17/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Mark Stead

75–100% shares

British · United Kingdom · Age 46

Sa12 Business Centre, Seaway Parade, Port Talbot, SA12 7BR

Notified 17/05/2019

CompanyRankvs 9850+ SIC 45112 peers
53

Financial strength21th percentile among SIC peers · 5/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.25× · 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 strength5/25 pts

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

Employees6/15 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 31/05/2025

Net Worth

-£400

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£21k

Current Liabilities

£7k

Fixed Assets

£1k

1avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with Taxpad

EstimatesDerived

YearCurrent RatioImplied Profit
20253.25
20241.87-£57
20234.31

Derived from filed accounts. Not audited figures.