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Salvage Solutions Ltd

16200812

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

First Floor, Portfolio Place 498 Broadway, Chadderton, Oldham, OL9 9PY
Incorporated 22/01/2025

Compliance

Next accounts due

22/10/2026

On track

Confirmation statement

Last: 21/01/2026

Due 04/02/2027

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Muhammad Nafees Zain

secretary · Since 22/01/2025

Also on 4 other boards

Mr Muhammad Nafees Zain

director · Since 22/01/2025

NA

BRITISH · UNITED KINGDOM

Also on 4 other boards

Muhammad Nafees Zain

secretary · Since 22/01/2025

Muhammad Nafees Zain

director · Since 22/01/2025

British · United Kingdom

Persons with Significant Control

Mr Muhammad Nafees Zain

75–100% shares

British · England

Notified 22/01/2025

Change History

status → active
2026-07-06

Active

type → ltd
2026-07-06

Private Limited Company

address line1 → First Floor, Portfolio Place 498 Broadway
2026-07-06

FIRST FLOOR, PORTFOLIO PLACE 498 BROADWAY

post town → Oldham
2026-07-06

OLDHAM

CompanyRankvs 17452+ SIC 45112 peers
41

Financial strength47th percentile among SIC peers · 12/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1× · 6/20
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 strength12/25 pts

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

Employees6/15 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 31/01/2026

Net Worth

£971

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£28

Working capital

Current Assets

£7k

Current Liabilities

£7k

Fixed Assets

£999

1avg. employees

Balance Sheet

Assets less current liabilities£971
Signed by Mr Muhammad Zain 17/10/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20261.00

Derived from filed accounts. Not audited figures.