Back to search

60mins Autos & Mechanical Services Ltd

14559423

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

86A JENKINS STREET, BIRMINGHAM, B10 0PQ
Incorporated 28/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Gauhar Iqbal

director · Since 28/12/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Mr Sohail Iqbal

director · Since 28/12/2022

OPERATIONAL DIRECTOR

PAKISTANI · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Gauhar Iqbal

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

British · England · Age 45

86a Jenkins Street, 86a Jenkins Street, Birmingham, B10 0PQ

Notified 28/12/2022

Mr Sohail Iqbal

25–50% shares
25–50% votes

Pakistani · England · Age 47

86a Jenkins Street, 86a Jenkins Street, Birmingham, B10 0PQ

Notified 28/12/2022

CompanyRankvs 30088+ SIC 45200 peers
42

Financial strength12th percentile among SIC peers · 3/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Wallis & Son Limited
90
2J.P. Arthur & Sons Limited
90
3T.Reeve And Son Limited
90
4P. Goddard & Sons Limited
90
5Leeson'S Garage Limited
90
6Hadleigh Tyre Services Limited
90
7Platts Motor Company Limited
90
8Whartons Garage Limited
90
9Holders Of Congresbury Limited
90
10Westridge Garage (Ryde) Limited
90
3008860mins Autos & Mechanical Services Ltd
37
How is this score calculated?
Financial strength3/25 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.

Liquidity6/20 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 31/12/2024

Net Worth

-£9k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£63k

Current Liabilities

£72k

8avg. employees

Balance Sheet

Assets less current liabilities£63k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87-£337
20230.77—

Derived from filed accounts. Not audited figures.