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Car Planet Trading Limited

14029619

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

CINNAMOND HOUSE, BALDWINS LANE, RICKMANSWORTH, WD3 3RT
Incorporated 06/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Tofozzul Miah

director · Since 06/04/2022

BUSINESS

BRITISH · UNITED KINGDOM · Age 58

Also on 18 other boards

Mr Faheem Ahmed Miah

director · Since 01/07/2023

HEAD OF STRATEGY & FINANCE

BRITISH · UNITED KINGDOM · Age 27

Also on 9 other boards

Mr Tamim Ahmed Miah

director · Since 01/07/2023

HEAD OF OPERATIONS

BRITISH · ENGLAND · Age 28

Also on 2 other boards

Mr Taslim Ahmed Miah

director · Since 01/07/2023

CEO

BRITISH · ENGLAND · Age 32

Also on 1 other board

Persons with Significant Control

Mr Tofozzul Miah

25–50% shares
25–50% votes

British · United Kingdom · Age 58

59, Union Street, Dunstable, LU6 1EX

Notified 06/04/2022

Mr Taslim Ahmed Miah

25–50% shares
25–50% votes

British · United Kingdom · Age 32

Cinnamond House, Baldwins Lane, Rickmansworth, WD3 3RT

Notified 06/04/2022

Charges0 outstanding

Charge
satisfied

KENNET EQUIPMENT LEASING LTD

Created 25/11/2022Registered 28/11/2022Satisfied 29/11/2023

CompanyRankvs 3764+ SIC 45112 peers
61

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.22× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/07/2024

Turnover

£42.1M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£563k

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£1.6M

Working capital

Current Assets

£9.2M

Current Liabilities

£7.5M

Fixed Assets

£691k

Debtors

£288k

Cost of Sales

£36.8M

Gross Profit

£5.3M

Admin Expenses

£3.4M

Operating Profit

£1.9M

Profit After Tax

£1.2M

85avg. employees+43

Tax at Year End

Corp tax£355k
Dividends paid£23k

Director Loans

Company owes directors£589k

Balance Sheet

Assets less current liabilities£2.3M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22+£980k
20231.37

Derived from filed accounts. Not audited figures.