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Pace Trading Limited

12231396

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

MAYFIELD, HIGHGATE BUSINESS CENTRE, UNIT 5, BIRMINGHAM, B12 8EA
Incorporated 27/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Mohammed Amar Aslam

director · Since 27/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 24 other boards

Persons with Significant Control

Mr Mohammed Amar Aslam

25–50% shares
25–50% votes

British · England · Age 52

Mayfield, Highgate Business Centre, Unit 5, Highgate Road, Birmingham, B12 8EA

Notified 27/09/2019

Former PSCs

Mr Suftar Zaman

Ceased 06/07/2020

CompanyRankvs 63732+ SIC 70229 peers
65

Financial strength84th percentile among SIC peers · 21/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.9× · 16/20
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 strength21/25 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.

Liquidity16/20 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 30/09/2024

Net Worth

£64k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£104k

Working capital

Current Assets

£219k

Current Liabilities

£116k

Fixed Assets

£213k

1avg. employees

Balance Sheet

Assets less current liabilities£317k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.90+£11k
20232.14+£4k
20222.75+£35k
20217.79-£4k
20203.05

Derived from filed accounts. Not audited figures.