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Marhaba Recovery Ltd

12615200

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

546 LEY STREET, ILFORD, IG2 7DB
Incorporated 20/05/2020

Compliance

Last accounts

31/05/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 19/05/2025

Due 02/06/2026

On track

Industry

52290
Other transportation support activities

Officers

Muhammad Amir Siddique

director · Since 20/05/2020

DIRECTOR

PAKISTANI · ENGLAND · Age 49

Persons with Significant Control

Muhammad Amir Siddique

75–100% shares

Pakistani · United Kingdom · Age 49

546, Ley Street, Ilford, IG2 7DB

Notified 20/05/2020

CompanyRankvs 11503+ SIC 52290 peers
29

Financial strength4th percentile among SIC peers · 1/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.02× · 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 strength1/25 pts

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

Employees5/15 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 31/05/2024

Net Worth

-£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£90k

Working capital

Current Assets

£2k

Current Liabilities

£92k

Fixed Assets

£42k

1avg. employees

Balance Sheet

Assets less current liabilities-£48k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£37k
20230.08-£30k
20221.21+£7k
20210.12

Derived from filed accounts. Not audited figures.