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Gems Market Taxis Ltd

12901368

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)
  • Negative net worth (-10)

Details

14 & 15 SOUTHERNHAY WEST, EXETER, EX1 1PL
Incorporated 24/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Mr Ugur Kucuk

director · Since 24/09/2020

DIRECTOR

TURKISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Ugur Kucuk

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

Turkish · England · Age 52

14 & 15, Southernhay West, Exeter, EX1 1PL

Notified 24/09/2020

CompanyRankvs 10686+ SIC 49320 peers
31

Financial strength12th percentile among SIC peers · 3/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.11× · 2/20
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 strength3/25 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.

Liquidity2/20 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

-£7k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£6k

Current Liabilities

£58k

Fixed Assets

£83k

1avg. employees

Tax at Year End

VAT£2k

Director Loans

Company owes directors£46k

Balance Sheet

Assets less current liabilities£32k
Signed by Mr Ugur Kucuk 23rd June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.11+£3k£30k
20230.10+£3k£1.1M
2022+£7k£587k
2021£464k

Derived from filed accounts. Not audited figures.