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Mga Cars Limited

13827813

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

109 GUBBINS LANE, ROMFORD, RM3 0DP
Incorporated 04/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Mohammad Azam

director · Since 04/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Mohammad Azam

75–100% shares
75–100% votes
Appoint directors

British · England · Age 54

109, Gubbins Lane, Romford, RM3 0DP

Notified 04/01/2022

CompanyRankvs 18879+ SIC 45112 peers
33

Financial strength46th percentile among SIC peers · 12/25
Employees14th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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18879Mga Cars Limited
33
How is this score calculated?
Financial strength12/25 pts

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

Employees2/15 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.

Longevity4/15 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 31/01/2025

Net Worth

£665

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£665

Working capital

Current Assets

—

Current Liabilities

£665

0avg. employees

Balance Sheet

Assets less current liabilities£665
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20230.05

Derived from filed accounts. Not audited figures.