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Motor Ring Ltd

12076440

active
Private Limited Company
Companies House
Health Score
95 / 100

Healthy

25/30
Filing
30/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

591 HURST ROAD, BEXLEY, DA5 3JS
Incorporated 01/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Khalid Anwar Chaudhry

director · Since 01/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Persons with Significant Control

Mr Khalid Anwar Chaudhry

75–100% shares

British · England · Age 45

591, Hurst Road, Bexley, DA5 3JS

Notified 01/07/2019

Charges0 outstanding

Charge
satisfied

NUCLEUS CASH FLOW FINANCE2 LIMITED

Created 06/04/2023Registered 24/04/2023Satisfied 08/08/2025

CompanyRankvs 2220+ SIC 45112 peers
78

Financial strength91th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 10.49× · 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 strength23/25 pts

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

Employees13/15 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 30/06/2024

Turnover

£1.9M

Annual revenue

Net Worth

£264k

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£84k

Bottom line earnings

Net Current Assets

£536k

Working capital

Current Assets

£593k

Current Liabilities

£56k

Fixed Assets

£8k

Debtors

£79k

Cost of Sales

£1.6M

Gross Profit

£307k

Admin Expenses

£198k

Operating Profit

£122k

Profit After Tax

£62k

4avg. employees+2

Balance Sheet

Assets less current liabilities£544k
Signed by 1.7.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
202410.49+£62k
20233.48+£64k
20222.89+£89k
20211.71+£36k
20201.95

Derived from filed accounts. Not audited figures.