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Le10 Motors Company Ltd

12153799

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

9 STOUGHTON ROAD, LEICESTER, LE2 4DS
Incorporated 13/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Kulraj Singh Sokhi

director · Since 13/08/2019

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Kulraj Singh Sokhi

75–100% shares

British · England · Age 51

9, Stoughton Road, Leicester, LE2 4DS

Notified 13/08/2019

CompanyRankvs 5536+ SIC 45112 peers
66

Financial strength55th percentile among SIC peers · 14/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 5.27× · 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 strength14/25 pts

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

Employees10/15 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 31/08/2024

Net Worth

£4k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£45k

Current Liabilities

£9k

2avg. employees

Tax at Year End(2021)

Corp tax£16

Balance Sheet

Bank loans & overdrafts£33k
Assets less current liabilities£36k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20245.27-£31k
20232.58+£13k
20221.53+£214
202199.65-£4k
2020106.52

Derived from filed accounts. Not audited figures.