Switch My Car Ltd
12535338
Healthy
No risk factors detected.
Details
Previously known as
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 12/07/2025
Due 26/07/2026
Industry
Officers
Former
director · Resigned 04/09/2023
Persons with Significant Control
Former PSCs
Mr Muhammad Abdalbasit Ali Khan
Ceased 01/01/2024
Change History
Active
Private Limited Company
UNIT 7
BURY
CompanyRankvs 7162+ SIC 45112 peers64
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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 31/03/2025
Net Worth
£97k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£106k
Working capital
Current Assets
£218k
Current Liabilities
£113k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.94 | +£50k |
| 2024 | 1.76 | +£21k |
| 2023 | 1.96 | — |
Derived from filed accounts. Not audited figures.