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Sterling Car Solutions Ltd

12859470

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

SHERWOOD HOUSE, NOTTINGHAM, NG2 4DF
Incorporated 04/09/2020

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

Officers

Schaas Abbas

director · Since 04/09/2020

British

CompanyRankvs 152640+ SIC 45112 peers
41

Financial strength46th percentile among SIC peers · 12/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.98× · 6/20
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 strength12/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£874

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£874

Working capital

Current Assets

£55k

Current Liabilities

£55k

0avg. employees

Balance Sheet

Assets less current liabilities£874
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.98
20231.00

Derived from filed accounts. Not audited figures.