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Zaks Cars Ltd

12946056

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

277-279 2ND FLOOR, LONDON, E2 6AH
Incorporated 13/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Mustak Islam

director · Since 13/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Mr Faizan Nisar

director · Since 03/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Mustak Islam

75–100% shares

British · England · Age 33

1st Floor, 277-279 Bethnal Green Road, London, E2 6AH

Notified 13/10/2020

CompanyRankvs 16377+ SIC 45112 peers
43

Financial strength14th percentile among SIC peers · 4/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.85× · 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 strength4/25 pts

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

Employees12/15 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 31/10/2024

Net Worth

-£7k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£42k

Current Liabilities

£50k

Debtors

£2k

3avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85-£300
20230.85+£680
20220.78-£13k
20211.74

Derived from filed accounts. Not audited figures.