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Elegant Motors Ltd

15881464

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

SUITE 5 UNIT 2 ST JOHN'S COURT, BRADFORD, BD4 7NP
Incorporated 06/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
49320
Taxi operation
49390
Other passenger land transport
77110
Renting and leasing of cars and light motor vehicles

CompanyRankvs 198150+ SIC 45112 peers
26

Financial strength20th percentile among SIC peers · 5/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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19815Elegant Motors 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.

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 31/08/2025

Net Worth

-£584

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£234

Working capital

Current Assets

£1

Current Liabilities

£235

0avg. employees

Balance Sheet

Assets less current liabilities-£234
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.00

Derived from filed accounts. Not audited figures.