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Verse Auto Ltd

14416267

activeactive proposal to strike off
ltd
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

1 Clifton Road, 1 Clifton Road, Ilford, IG2 7DF
Incorporated 13/10/2022

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 20/07/2025

Due 03/08/2026

On track

Industry

45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
49410
Freight transport by road

Officers

Mr Faheem Mustafa Iqbal

director · Since 13/10/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 23

Mr Lukas Martinkus

director · Since 13/10/2022

COMPANY DIRECTOR

LITHUANIAN · ENGLAND · Age 23

Also on 1 other board

Faheem Mustafa Iqbal

director · Since 13/10/2022

British · England · Age 23

Lukas Martinkus

director · Since 13/10/2022

Lithuanian · England · Age 23

Persons with Significant Control

Mr Lukas Martinkus

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

Lithuanian · England · Age 23

1 Clifton Road, 1 Clifton Road, Ilford, IG2 7DF

Notified 13/10/2022

Mr Faheem Mustafa Iqbal

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

British · England · Age 23

1 Clifton Road, 1 Clifton Road, Ilford, IG2 7DF

Notified 13/10/2022

Change History

statusactive
2026-07-29

Active

typeltd
2026-07-29

Private Limited Company

address line11 Clifton Road
2026-07-29

1 CLIFTON ROAD

post townIlford
2026-07-29

ILFORD

officer appointedIQBAL, Faheem Mustafa
2026-07-29
officer appointedMARTINKUS, Lukas
2026-07-29

CompanyRankvs 20787+ SIC 45112 peers
50

Financial strength35th percentile among SIC peers · 9/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 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 strength9/25 pts

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

Employees2/15 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 31/10/2024

Net Worth

£100

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£100

Working capital

Current Assets

£100

Current Liabilities

£0

0avg. employees

Balance Sheet

Assets less current liabilities£100
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
2024Infinity
2023Infinity

Derived from filed accounts. Not audited figures.