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Sjo Minibuses Limited

13959079

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

ABACUS HOUSE 68A, ROMFORD, RM1 1DA
Incorporated 07/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

CompanyRankvs 35840+ SIC 49390 peers
43

Financial strength52th percentile among SIC peers · 13/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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3584Sjo Minibuses Limited
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How is this score calculated?
Financial strength13/25 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.

Liquidity6/20 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 31/03/2024

Net Worth

£2k

Balance sheet strength

Cash

£803

Cash in the bank

Net Current Assets

-£811

Working capital

Current Assets

£1k

Current Liabilities

£2k

Fixed Assets

£3k

Debtors

£381

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Signed by Mr Steven Oluwo 30 January 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.59
20230.62

Derived from filed accounts. Not audited figures.