Nero Ward Motors Limited
12310315
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/11/2019
COMPANY DIRECTOR
SRI LANKAN · UNITED KINGDOM · Age 33
Also on 1 other board
Persons with Significant Control
Mr Don Lakshitha-Praveen Weerasuriya
Sri Lankan · United Kingdom · Age 33
Suite 1, 1 Old Court Mews, 311 Chase Road, London, N14 6JS
Notified 12/11/2019
CompanyRankvs 30784+ SIC 45200 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£217k
Balance sheet strength
Cash
£80
Cash in the bank
Net Current Assets
£86
Working capital
Current Assets
£11k
Current Liabilities
£11k
Fixed Assets
£471k
Debtors
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.01 | -£58k |
| 2023 | 2.03 | -£73k |
| 2022 | 5.84 | -£81k |
| 2021 | 6.94 | +£32k |
Derived from filed accounts. Not audited figures.