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Elite Auto Group (Nw) Ltd

13615403

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

INITIAL BUSINESS CENTRE, MANCHESTER, M40 8WN
Incorporated 10/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
52290
Other transportation support activities
77110
Renting and leasing of cars and light motor vehicles

Officers

Mizanur Rahman

director · Since 10/09/2021

British

CompanyRankvs 64910+ SIC 45112 peers
59

Financial strength82th percentile among SIC peers · 21/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.34× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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6491Elite Auto Group (Nw) Ltd
59
How is this score calculated?
Financial strength21/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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 30/09/2024

Net Worth

£79k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£123k

Current Liabilities

£92k

Fixed Assets

£48k

1avg. employees
Signed by 13615403 2023-10-01 2024-09-30 13615403 2024-09-30 13615403 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.34+£1k
20231.50—

Derived from filed accounts. Not audited figures.