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Cidak Auto Parts Ltd

12617674

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

CRAVEN LODGE, ASCOT, SL5 9HF
Incorporated 22/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr Harvinder Kumar Handa

director · Since 22/05/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Mrs Sukhjinder Handa

director · Since 22/05/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Harvinder Kumar Handa

25–50% shares

British · United Kingdom · Age 49

Craven Lodge, Coronation Road, Ascot, SL5 9HF

Notified 22/05/2020

Mrs Sukhjinder Handa

25–50% shares

British · United Kingdom · Age 46

Craven Lodge, Coronation Road, Ascot, SL5 9HF

Notified 22/05/2020

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 28/01/2025Registered 29/01/2025
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 13/01/2025Registered 17/01/2025
Charge
outstanding

HSBC UK BANK PLC

Created 13/11/2024Registered 14/11/2024
Charge
satisfied

REGENCY FACTORS LIMITED

Created 07/12/2022Registered 09/12/2022Satisfied 25/02/2025
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 12/08/2021Registered 16/08/2021Satisfied 30/09/2024

CompanyRankvs 1639+ SIC 45310 peers
48

Financial strength65th percentile among SIC peers · 16/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees9/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£37k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£128k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.0M

Fixed Assets

£186k

Debtors

£875k

2avg. employees

Balance Sheet

Assets less current liabilities£314k
Signed by Mr Harvinder Handa 26/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.12-£249k
20241.34+£130k
20231.67+£72k
20221.33+£74k
20211.10

Derived from filed accounts. Not audited figures.