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Buraq Auto Ltd

15678174

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

1 ATLANTIC CLOSE, SOUTHAMPTON, SO14 3TA
Incorporated 25/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Kashif Latif

director · Since 25/04/2024

DIRECTOR

BRITISH,PAKISTANI · ENGLAND · Age 44

Also on 2 other boards

Mrs Nazia Kashif Latif

director · Since 25/04/2024

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Kashif Latif

50–75% shares
50–75% votes
Appoint directors

British,Pakistani · England · Age 44

1, Atlantic Close, Southampton, SO14 3TA

Notified 25/04/2024

Mrs Nazia Kashif Latif

25–50% shares
25–50% votes

British,Pakistani · England · Age 41

1, Atlantic Close, Southampton, SO14 3TA

Notified 25/04/2024

CompanyRankvs 23412+ SIC 45112 peers
30

Financial strength21th percentile among SIC peers · 5/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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23412Buraq Auto Ltd
26
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.

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.

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 30/04/2025

Net Worth

-£400

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£400

Working capital

Current Assets

£474

Current Liabilities

£874

0avg. employees

Balance Sheet

Assets less current liabilities-£400
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent Ratio
20250.54

Derived from filed accounts. Not audited figures.