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London Vehicle Repair Ltd

16077037

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

UNIT D 30, ILFORD, IG2 7DS
Incorporated 13/11/2024

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 Nicolae Constantin Codreanu

director · Since 13/11/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Mr Bharat Velji Hirani

director · Since 13/11/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Amar Iqbal Khan

director · Since 13/11/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Amar Iqbal Khan

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

Unit D, 30, Ilford, IG2 7DS

Notified 13/11/2024

Mr Bharat Velji Hirani

25–50% shares
25–50% votes
Appoint directors

British · England · Age 56

Unit D, 30, Ilford, IG2 7DS

Notified 13/11/2024

Mr Nicolae Constantin Codreanu

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

Unit D, 30, Ilford, IG2 7DS

Notified 13/11/2024

CompanyRankvs 23726+ SIC 45112 peers
30

Financial strength21th percentile among SIC peers · 5/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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23726London Vehicle Repair Ltd
25
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 30/11/2025

Net Worth

-£522

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£222

Working capital

Current Assets

£5k

Current Liabilities

£6k

0avg. employees

Balance Sheet

Assets less current liabilities-£222
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.89

Derived from filed accounts. Not audited figures.