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Central Taxis (West Midlands) Ltd

14409698

active
Private Limited Company
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

FRIARS HOUSE, COVENTRY, CV1 2TE
Incorporated 10/10/2022

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/03/2026

Due 01/04/2027

On track

Industry

49320
Taxi operation

Officers

Satwant Singh Aujla

director · Since 01/12/2024

British

Sukhbinder Singh Mahal

director · Since 10/10/2022

British

CompanyRankvs 80140+ SIC 49320 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.38× · 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 strength0/25 pts

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

Employees14/15 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 31/03/2025

Net Worth

-£276k

Balance sheet strength

Cash

£151k

Cash in the bank

Net Current Assets

-£286k

Working capital

Current Assets

£175k

Current Liabilities

£461k

Fixed Assets

£10k

Debtors

£24k

11avg. employees-3

Balance Sheet

Assets less current liabilities-£276k
Signed by Mr Sukhbinder Mahal 29th June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38-£327k
20241.22

Derived from filed accounts. Not audited figures.