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Octo Cars Ltd

15735798

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)

Details

283 HAMPTON ROAD, ILFORD, IG1 1PL
Incorporated 22/05/2024

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 21/05/2025

Due 04/06/2026

On track

Industry

49320
Taxi operation
77110
Renting and leasing of cars and light motor vehicles

Officers

Miss Naila Bano

secretary · Since 22/05/2024

Also on 1 other board

Miss Naila Bano

director · Since 22/05/2024

BUSINESS OWNER

PAKISTANI · UNITED KINGDOM · Age 32

Also on 1 other board

Persons with Significant Control

Miss Naila Bano

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

Pakistani · United Kingdom · Age 32

283, Hampton Road, Ilford, IG1 1PL

Notified 22/05/2024

CompanyRankvs 12376+ SIC 49320 peers
24

Financial strength20th percentile among SIC peers · 5/25
Employees12th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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.

Liquidity0/20 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 31/05/2025

Net Worth

-£499

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

0avg. employees
Signed by Naila Bano