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Webuyandsellcarsandvans Ltd

14128463

active
Private Limited Company
england wales
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

C/O SEFTONS, OLDHAM, OL1 1TE
Incorporated 24/05/2022

Compliance

Last accounts

29/05/2024

total exemption full

Next accounts due

29/05/2026

Overdue

Confirmation statement

Last: 10/06/2025

Due 24/06/2026

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Malik Nomaan Hussain

director · Since 24/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 22

Also on 2 other boards

Mr Mohammed Shafiq

director · Since 01/06/2024

SELF EMPLOYED

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Malik Nomaan Hussain

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

British · England · Age 22

C/O Seftons, 135 - 143 Union Street, Oldham, OL1 1TE

Notified 24/05/2022

Former PSCs

Mr Malik Suleman Hussain

Ceased 06/06/2022

CompanyRankvs 15559+ SIC 45112 peers
43

Financial strength46th percentile among SIC peers · 12/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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15559Webuyandsellcarsandvans Ltd
39
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.

Employees6/15 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 29/05/2024

Net Worth

£703

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£417k

Current Liabilities

£424k

Fixed Assets

£8k

Debtors

£245k

1avg. employees+1

Balance Sheet

Assets less current liabilities£703
Signed by Mr M Hussain 11 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.98
20230.99

Derived from filed accounts. Not audited figures.