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Ft Cars London Ltd

12775977

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

3RD FLOOR, LONDON, EC4V 6EB
Incorporated 29/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Viral Jethwa

director · Since 29/07/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 5 other boards

Persons with Significant Control

Mr Viral Jethwa

25–50% shares
25–50% votes
Appoint directors

British · England · Age 30

3rd, Floor, London, EC4V 6EB

Notified 29/07/2020

Former PSCs

Mr Nishil Shah

Ceased 09/05/2021

Charges4 outstanding

Charge
outstanding

ROOK BRISTOL FINANCIAL LLC

Created 01/05/2026Registered 08/05/2026
Charge
outstanding

TALLAGHT FINANCIAL LTD

Created 13/11/2025Registered 14/11/2025
Charge
outstanding

SENECA TRADE FINANCE LTD

Created 19/12/2024Registered 23/12/2024
Charge
outstanding

SENECA TRADE FINANCE LTD

Created 02/10/2024Registered 22/10/2024

CompanyRankvs 16362+ SIC 45112 peers
32

Financial strength8th percentile among SIC peers · 2/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength2/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/07/2025

Net Worth

-£30k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£566k

Current Liabilities

£608k

Fixed Assets

£37k

4avg. employees+1

Balance Sheet

Assets less current liabilities-£4k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.93+£40k
20240.29-£14k
20230.84

Derived from filed accounts. Not audited figures.