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Lx Automotive Ltd

12466550

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

106 WALHOUSE ROAD, WALSALL, WS1 2BE
Incorporated 17/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Raj Singh Ajimal

director · Since 01/02/2025

BRITISH · UNITED KINGDOM · Age 33

Also on 1 other board

Persons with Significant Control

Mr Raj Singh Ajimal

75–100% shares
75–100% votes
Appoint directors

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 peers
27

Financial strength12th percentile among SIC peers · 3/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.46× · 2/20
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 strength3/25 pts

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

Employees1/15 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.

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 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

0avg. employees

Balance Sheet

Assets less current liabilities-£10k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20260.46
20240.06-£2k
20230.08

Derived from filed accounts. Not audited figures.