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Multi Cars Trader Ltd

12381213

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

66 EARL STREET, MAIDSTONE, ME14 1PS
Incorporated 31/12/2019

Compliance

Last accounts

31/05/2024

dormant

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 30/12/2023

Due 13/01/2025

Overdue

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Irfan Shahzad Nagi

director · Since 31/12/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Irfan Shahzad Nagi

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

66, Earl Street, Maidstone, ME14 1PS

Notified 31/12/2019

Former PSCs

Mr Faraz Ali

Ceased 31/05/2023

Insolvency History1 case

creditors voluntary liquidation25/06/2025

Mansoor Mubarik (practitioner)

CompanyRankvs 15+ SIC 45112 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity0/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2024

Net Worth

-£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

Current Liabilities

£5k

0avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£85k
20230.05

Derived from filed accounts. Not audited figures.