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Err Chauffeur Hire Ltd

14827584

active
Private Limited Company
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

190 HIGH HOLBORN, LONDON, WC1V 7BH
Incorporated 25/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79909
Other reservation service activities

Officers

Mr Erhan Budak

director · Since 25/04/2023

DIRECTOR

TURKISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Erhan Budak

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

Turkish · United Kingdom · Age 43

190, High Holborn, London, WC1V 7BH

Notified 25/04/2023

Mr Kerem Kilit

25–50% shares
25–50% votes

Turkish · England · Age 21

190, High Holborn, London, WC1V 7BH

Notified 31/01/2025

CompanyRankvs 2529+ SIC 79909 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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 31/01/2025

Net Worth

-£70k

Balance sheet strength

Cash

£37

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£70k

Current Liabilities

£86k

Debtors

£70k

3avg. employees

Balance Sheet

Assets less current liabilities-£15k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82+£36k
20240.03—

Derived from filed accounts. Not audited figures.