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Motion Tyres Ltd

15742058

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

1 OLD TURNPIKE, FAREHAM, PO16 7HB
Incorporated 25/05/2024

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

Officers

Mr Lorentzo Mechmeti

director · Since 12/06/2024

TYRE FITTER

BRITISH · ENGLAND · Age 26

Mrs Malihe Rajabzadeh

director · Since 12/06/2024

ACCOUNTANT

BRITISH · ENGLAND · Age 72

Also on 1 other board

Persons with Significant Control

Mrs Malihe Rajabzadeh

75–100% shares

British · England · Age 72

1, Old Turnpike, Fareham, PO16 7HB

Notified 12/06/2024

Former PSCs

Mr Babak Rajabzadeh

Ceased 12/06/2024

CompanyRankvs 18518+ SIC 45112 peers
34

Financial strength7th percentile among SIC peers · 2/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.46× · 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 strength2/25 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.

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 31/05/2025

Net Worth

-£34k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£68k

Current Liabilities

£146k

Fixed Assets

£44k

4avg. employees

Balance Sheet

Assets less current liabilities-£34k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46+£0
20250.46

Derived from filed accounts. Not audited figures.