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Emerald Motors Ltd

14644466

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)
  • Negative net worth (-10)

Details

41 ORSETT ROAD, GRAYS, RM17 5DS
Incorporated 06/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Usman Muhammad

director · Since 06/02/2023

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Mr Oluwaseun Olatunji Okeniyi

director · Since 15/11/2024

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 3 other boards

Persons with Significant Control

Mr Usman Muhammad

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

British · United Kingdom · Age 29

74a, Balfour Road, Ilford, IG1 4JG

Notified 06/02/2023

Mr Oluwaseun Olatunji Okeniyi

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

British · England · Age 30

41, Orsett Road, Grays, RM17 5DS

Notified 18/11/2025

Former PSCs

Mr Asad Jilani

Ceased 16/03/2023

Mr Muzahid Ali

Ceased 31/10/2023

CompanyRankvs 35336+ SIC 45200 peers
31

Financial strength11th percentile among SIC peers · 3/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.21× · 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 strength3/25 pts

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

Employees7/15 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 28/02/2025

Net Worth

-£13k

Balance sheet strength

Cash

£621

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£621

Current Liabilities

£3k

Fixed Assets

£17k

2avg. employees

Balance Sheet

Assets less current liabilities£15k
Signed by Mr USMAN MUHAMMAD 11/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.21-£20k
20244.96

Derived from filed accounts. Not audited figures.