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Premier Carz E10 Ltd

14298938

active
Private Limited Company
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

551 LEA BRIDGE ROAD, LONDON, E10 7EB
Incorporated 16/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
49320
Taxi operation
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Wajahat Asghar Warraich

director · Since 16/08/2022

CAR DEALER

PAKISTANI · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Wajahat Asghar Warraich

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

Pakistani · England · Age 40

551, Lea Bridge Road, London, E10 7EB

Notified 16/08/2022

CompanyRankvs 8804+ SIC 45112 peers
57

Financial strength46th percentile among SIC peers · 12/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 5.26× · 20/20
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 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.

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 31/08/2024

Net Worth

£810

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£810

Working capital

Current Assets

£1k

Current Liabilities

£190

1avg. employees

Balance Sheet

Assets less current liabilities£810
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20245.26

Derived from filed accounts. Not audited figures.