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Mr Auto Solutions Ltd

12140414

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2, THORNABY-ON-TEES, TS17 7AR
Incorporated 06/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Mohammed Nabeel Rashid

director · Since 06/08/2019

TAXI PROPRIETOR

BRITISH · UNITED KINGDOM · Age 41

Mr Naheed Rashid

director · Since 06/08/2019

TAXI DRIVER

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Naheed Rashid

25–50% shares

British · United Kingdom · Age 43

Unit 2, Wilson Street, Thornaby-On-Tees, TS17 7AR

Notified 06/08/2019

Mr Mohammed Nabeel Rashid

25–50% shares

British · United Kingdom · Age 41

Unit 2, Wilson Street, Thornaby-On-Tees, TS17 7AR

Notified 06/08/2019

CompanyRankvs 8506+ SIC 45112 peers
58

Financial strength73th percentile among SIC peers · 18/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.48× · 12/20
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 strength18/25 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.

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 31/08/2024

Net Worth

£26k

Balance sheet strength

Cash

£67k

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£123k

Current Liabilities

£83k

Fixed Assets

£2k

1avg. employees

Tax at Year End

Corp tax£2k
VAT£7k

Director Loans

Company owes directors£70k

Balance Sheet

Assets less current liabilities£42k
Signed by Mr Naheed Rashid 22/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.48+£37k£139k
20231.09-£19k£46k
20222.27-£8k£46k
20213.49+£14k£22k
202020.96

Derived from filed accounts. Not audited figures.