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Iar Recovery Limited

12264352

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

29 FARLEY HILL, LUTON, LU1 5EE
Incorporated 16/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45190
Sale of other motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Mr Rizwan Liaqat

director · Since 16/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 8 other boards

Persons with Significant Control

Mr Rizwan Liaqat

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm

British · England · Age 41

29, Farley Hill, Luton, LU1 5EE

Notified 16/10/2019

CompanyRankvs 3067+ SIC 45190 peers
39

Financial strength51th percentile among SIC peers · 13/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.14× · 2/20
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 strength13/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/10/2024

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£5k

Current Liabilities

£39k

Fixed Assets

£36k

0avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14
20230.73
20220.67
20210.77+£694
20200.72

Derived from filed accounts. Not audited figures.