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Elite Line Cars Limited

16101453

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

REGUS OFFICE 1.81 BUILDING 2 - FIRST FLOOR, WATFORD, WD18 8YA
Incorporated 26/11/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Mr Muhammad Mansoor Razzaq

director · Since 26/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Mrs Babra Zariq

director · Since 26/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Mr Muhammad Mansoor Razzaq

25–50% shares
25–50% votes

British · United Kingdom · Age 40

Unit 17, Orbital 25 Business Park, Dwight Road, Watford, WD18 9DA

Notified 26/11/2024

Mrs Babra Zariq

25–50% shares
25–50% votes

British · United Kingdom · Age 35

Unit 17, Orbital 25 Business Park, Dwight Road, Watford, WD18 9DA

Notified 26/11/2024

CompanyRankvs 13014+ SIC 49320 peers
23

Financial strength16th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.45× · 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 strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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 30/06/2025

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£3k

Current Liabilities

£6k

Fixed Assets

£326

Balance Sheet

Assets less current liabilities-£3k
Signed by Mr Muhammad Razzaq 24/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.45

Derived from filed accounts. Not audited figures.