Nw Cars (London) Limited
14242239
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/07/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 1 other board
Persons with Significant Control
Mr Tariq Mahmood
British · England · Age 59
10a, Cricklewood Lane, London, NW2 1EX
Notified 19/07/2022
Mr Nassar Ahmad
British · England · Age 56
10a, Cricklewood Lane, London, NW2 1EX
Notified 19/07/2022
CompanyRankvs 4635+ SIC 49320 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£61k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£16k
Working capital
Current Assets
£16k
Current Liabilities
£3k
Fixed Assets
£68k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.93 | -£92k |
| 2024 | 8.84 | +£30k |
| 2023 | 2.52 | — |
Derived from filed accounts. Not audited figures.