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Ontime Business Ltd

12757417

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

8 MERCIA WAY, WORCESTER, WR5 3QZ
Incorporated 21/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
49410
Freight transport by road
56103
Take-away food shops and mobile food stands
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr George Andrei Cernatescu

director · Since 21/07/2020

VAN DRIVER

ROMANIAN · ENGLAND · Age 39

Persons with Significant Control

Mr George Andrei Cernatescu

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

Romanian · England · Age 39

8, Mercia Way, Worcester, WR5 3QZ

Notified 21/07/2020

CompanyRankvs 6471+ SIC 45112 peers
63

Financial strength80th percentile among SIC peers · 20/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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6471Ontime Business Ltd
62
How is this score calculated?
Financial strength20/25 pts

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

Employees10/15 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 31/07/2025

Net Worth

£58k

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£55k

Current Liabilities

£49k

Fixed Assets

£101k

2avg. employees

Tax at Year End

Corp tax£10k
VAT£30k

Director Loans

Company owes directors£34
Directors owe company£9k

Balance Sheet

Assets less current liabilities£107k
Signed by Mr Andrei George Cernatescu 16/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.13+£36k£602k
20240.53+£1k£422k
20230.66+£25k£304k
20220.36-£7k£83k
20211.19—£27k

Derived from filed accounts. Not audited figures.