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Somstar Recovery And Storage Ltd

13726869

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

SIX WAYS BUSINESS CENTRE, BIRMINGHAM, B19 2HN
Incorporated 05/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
49410
Freight transport by road

Officers

Mohamed Ibrahim Abdullahi

director · Since 05/11/2021

British

CompanyRankvs 252810+ SIC 45200 peers
39

Financial strength65th percentile among SIC peers · 16/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.37× · 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.

Employees1/15 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 30/11/2024

Net Worth

£20k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£8k

Current Liabilities

£22k

Fixed Assets

£34k

0avg. employees-1

Balance Sheet

Assets less current liabilities£20k

EstimatesDerived

YearCurrent Ratio
20240.37
20220.85

Derived from filed accounts. Not audited figures.