Back to search

Performance Cars & Bikes Limited

15292209

active
Private Limited Company
england wales
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

112 SALMON LANE, LONDON, E14 7PQ
Incorporated 17/11/2023

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 24/03/2026

Due 07/04/2027

On track

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles
45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Nure Hussain

director · Since 17/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Nure Hussain

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

British · United Kingdom · Age 42

112, Salmon Lane, London, E14 7PQ

Notified 17/11/2023

CompanyRankvs 2840+ SIC 45111 peers
24

Financial strength7th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 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.

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.

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 30/11/2025

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£188k

Working capital

Current Assets

£1k

Current Liabilities

£189k

Fixed Assets

£160k

0avg. employees

Balance Sheet

Assets less current liabilities-£27k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£25k

Derived from filed accounts. Not audited figures.