Back to search

The Motor People (Nw) Limited

13987257

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 1, BURY, BL9 7EG
Incorporated 18/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Adail Abbas

director · Since 18/03/2022

MANAGER

BRITISH · UNITED KINGDOM · Age 33

Also on 3 other boards

Persons with Significant Control

Mr Adail Abbas

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

British · United Kingdom · Age 33

Unit 1, Beech Mill James Street, Bury, BL9 7EG

Notified 18/03/2022

CompanyRankvs 1213+ SIC 45320 peers
75

Financial strength90th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.13× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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

£295k

Balance sheet strength

Cash

£407k

Cash in the bank

Net Current Assets

£295k

Working capital

Current Assets

£556k

Current Liabilities

£261k

Debtors

£34k

7avg. employees+7
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.13+£248k
20231.85

Derived from filed accounts. Not audited figures.