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Prime Minicabs Ltd

14290586

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

7 Bradymead, London, E6 6WN
Incorporated 11/08/2022

Previously known as

My Taxi Ltd · until 04/07/2023

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 10/08/2025

Due 24/08/2026

On track

Industry

49320
Taxi operation

Officers

Mr Waqar Adeel

director · Since 11/08/2022

ADMINISTRATOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Waqar Adeel

director · Since 11/08/2022

British · England · Age 38

Persons with Significant Control

Mr Waqar Adeel

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

British · England · Age 38

7, Bradymead, London, E6 6WN

Notified 11/08/2022

Change History

statusactive
2026-07-15

Active

typeltd
2026-07-15

Private Limited Company

address line17 Bradymead
2026-07-15

7 BRADYMEAD

post townLondon
2026-07-15

LONDON

CompanyRankvs 11591+ SIC 49320 peers
26

Financial strength19th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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 31/08/2025

Net Worth

-£848

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£848

Working capital

Current Assets

£25

Current Liabilities

£873

Balance Sheet

Assets less current liabilities-£848
Signed by Mr Waqar Adeel 31/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.03
20240.05

Derived from filed accounts. Not audited figures.