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Universal Cabs Ltd

13485605

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)

Details

39 TURRET LANE, IPSWICH, IP4 1DT
Incorporated 30/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Md Farhad Ahmed

director · Since 30/06/2021

British

CompanyRankvs 82470+ SIC 49320 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
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 strength1/25 pts

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

Employees14/15 pts

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

Liquidity0/20 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 31/05/2025

Net Worth

-£58k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

-£77k

Working capital

Current Assets

Current Liabilities

£113k

Fixed Assets

£20k

11avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2025+£0
2025-£46k

Derived from filed accounts. Not audited figures.