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P T Carsales Ltd

12407116

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

JUSTA HOUSE, COVENTRY, CV6 4DD
Incorporated 16/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Mr Tarvinder Singh Virk

director · Since 16/01/2020

SHAREHOLDER

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr Tarvinder Singh Virk

75–100% shares

British · England · Age 55

Justa House, 204-208 Holbrook Lane, Coventry, CV6 4DD

Notified 16/01/2020

CompanyRankvs 8904+ SIC 45112 peers
56

Financial strength67th percentile among SIC peers · 17/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 31/01/2023

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£125k

Current Liabilities

£96k

Fixed Assets

£26k

1avg. employees+1

Balance Sheet

Assets less current liabilities£54k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.29+£9k
20221.41
20211.42

Derived from filed accounts. Not audited figures.