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Otto'S Garage Limited

14378875

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

FORMER BUCKLER ENGINEERING KING ROAD AVENUE, BRISTOL, BS11 9HG
Incorporated 27/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Oliviu-Cristinel Firoiu

director · Since 27/09/2022

MANAGING DIRECTOR

ROMANIAN · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Oliviu-Cristinel Firoiu

25–50% shares
25–50% votes
Appoint directors

Romanian · England · Age 41

Former Buckler Engineering, King Road Avenue, Bristol, BS11 9HG

Notified 27/09/2022

Former PSCs

Mr Lucian Cutea

Ceased 01/06/2023

CompanyRankvs 24026+ SIC 45200 peers
46

Financial strength55th percentile among SIC peers · 14/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.09× · 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 strength14/25 pts

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

Employees11/15 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 30/09/2024

Net Worth

£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£3k

Current Liabilities

£37k

Fixed Assets

£48k

4avg. employees

Balance Sheet

Assets less current liabilities£14k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09+£10k
20230.29

Derived from filed accounts. Not audited figures.