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Siak Cars Ltd

12171153

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

GROUND FLOOR LEFT, COVENTRY, CV6 5ES
Incorporated 23/08/2019

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 19/12/2025

Due 02/01/2027

On track

Industry

45112
Sale of used cars and light motor vehicles
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Suhrab Saidi

director · Since 18/03/2021

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Mr Suhrab Saidi

75–100% shares

British · United Kingdom · Age 41

Ground Floor Left, 38 Newdigate Road, Coventry, CV6 5ES

Notified 18/03/2021

Former PSCs

Mrs Samantha Elaine Wright

Ceased 18/03/2021

Miss Michelle Jayne Mcpherson

Ceased 18/03/2021

CompanyRankvs 10567+ SIC 45112 peers
53

Financial strength20th percentile among SIC peers · 5/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 4.6× · 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 30/11/2024

Net Worth

-£526

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£94k

Working capital

Current Assets

£109k

Current Liabilities

£24k

1avg. employees

Balance Sheet

Assets less current liabilities£94k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20244.60
20230.91+£6k
20220.83+£57
20210.50-£5k
20201.75

Derived from filed accounts. Not audited figures.