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Arrive Ltd

13550764

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

167-169 (5TH FLOOR) GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 05/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

Officers

Mehmet Mustafa

director · Since 05/08/2021

British

CompanyRankvs 31810+ SIC 49390 peers
43

Financial strength65th percentile among SIC peers · 16/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.24× · 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 strength16/25 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 31/08/2024

Net Worth

£10k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£11k

Current Liabilities

£48k

Fixed Assets

£48k

Debtors

£11k

1avg. employees

Tax at Year End

Corp tax£14k
VAT£30k

Balance Sheet

Assets less current liabilities£12k
Signed by Mr Mehmet Mustafa 29/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20240.24£600k

Derived from filed accounts. Not audited figures.