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Specialist Auto Spares Oldham Ltd

12741717

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

BROADWAY HOUSE, OLDHAM, OL8 1LR
Incorporated 14/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Arshid Hussain

director · Since 14/07/2020

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Mr Arshid Hussain

75–100% shares

Pakistani · United Kingdom · Age 43

Broadway House, 74 Broadway Street, Oldham, OL8 1LR

Notified 14/07/2020

CompanyRankvs 3707+ SIC 45320 peers
55

Financial strength68th percentile among SIC peers · 17/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.44× · 12/20
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 strength17/25 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.

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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£91k

Current Liabilities

£63k

Fixed Assets

£12k

1avg. employees+1

Balance Sheet

Assets less current liabilities£40k
Signed by Mr Arshid Hussain 30/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.44
20220.25

Derived from filed accounts. Not audited figures.