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Faas Cars Limited

14818320

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

32 COPPARD GARDENS, CHESSINGTON, KT9 2GE
Incorporated 21/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Mr Faizan Shahid

director · Since 21/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Faizan Shahid

75–100% shares
75–100% votes
Appoint directors

British · England · Age 38

32, Coppard Gardens, Chessington, KT9 2GE

Notified 21/04/2023

CompanyRankvs 5275+ SIC 49320 peers
53

Financial strength76th percentile among SIC peers · 19/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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5275Faas Cars Limited
49
How is this score calculated?
Financial strength19/25 pts

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

Employees10/15 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.

Longevity3/15 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 30/04/2025

Net Worth

£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£13k

Current Liabilities

£17k

Fixed Assets

£16k

2avg. employees+1

Balance Sheet

Assets less current liabilities£12k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.74+£4k
20240.46—

Derived from filed accounts. Not audited figures.