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Elegance Chauffeur Drive Ltd

13217244

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

OFFICE SUITE W10, NEWCOM BUSINESS CENTRE, LONDON, E14 0AE
Incorporated 22/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

Officers

Mohammed Asif Mukadam

director · Since 22/02/2021

British

CompanyRankvs 49780+ SIC 49390 peers
29

Financial strength8th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

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.

Longevity5/15 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 28/02/2025

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£16k

Current Liabilities

£71k

Fixed Assets

£100k

1avg. employees

Balance Sheet

Assets less current liabilities£46k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23-£26k
20240.23

Derived from filed accounts. Not audited figures.