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Purple Cars Ltd

15483805

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

8 DALBY CROFT, SHEFFIELD, S36 6ED
Incorporated 12/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Stephen Kevin Hayes

director · Since 12/02/2024

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Stephen Kevin Hayes

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

English · England · Age 45

8, Dalby Croft, Sheffield, S36 6ED

Notified 12/02/2024

CompanyRankvs 23336+ SIC 45112 peers
26

Financial strength21th percentile among SIC peers · 5/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 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.

Longevity2/15 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

-£338

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£653

Current Liabilities

£9k

Fixed Assets

£8k

0avg. employees

Balance Sheet

Assets less current liabilities-£88
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.08

Derived from filed accounts. Not audited figures.