Lx Automotive Ltd
12466550
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/02/2025
BRITISH · UNITED KINGDOM · Age 33
Also on 1 other board
Persons with Significant Control
Mr Raj Singh Ajimal
British · United Kingdom · Age 33
4, Hampton Drive, Sutton Coldfield, B74 2SQ
Notified 01/02/2026
Former PSCs
Mr Mohammed Usman Butt
Ceased 28/02/2025
Mr Raj Singh Ajimal
Ceased 01/11/2024
Mr Raj Singh Ajimal
Ceased 01/02/2026
CompanyRankvs 37095+ SIC 45200 peers27
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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 28/02/2026
Net Worth
-£10k
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£9k
Current Liabilities
£19k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.46 | — |
| 2024 | 0.06 | -£2k |
| 2023 | 0.08 | — |
Derived from filed accounts. Not audited figures.