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City Electric Vehicles Ltd

13904255

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)
  • Negative net worth (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 09/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27110
Manufacture of electric motors, generators and transformers
45200
Maintenance and repair of motor vehicles
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Mayson Sadreddini

director · Since 09/02/2022

ELECTRIC VEHICLE DEVELOPMENT ENGINEER

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Mayson Sadreddini

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

British · England · Age 39

71-75, Shelton Street, London, WC2H 9JQ

Notified 09/02/2022

CompanyRankvs 320+ SIC 27110 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity4 years trading (max 15) · 4/15
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.

Employees10/15 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.

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

-£127k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£141k

Working capital

Current Assets

£37k

Current Liabilities

£177k

Fixed Assets

£14k

2avg. employees

Balance Sheet

Assets less current liabilities-£127k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.21-£38k
20240.19-£33k
20230.32

Derived from filed accounts. Not audited figures.