# ELEGANCE MOTORS LTD (10576402)

> ELEGANCE MOTORS LTD is an active private limited company (company number 10576402) incorporated on 23 January 2017, registered in Barnet. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest micro accounts cover the period ending 31 January 2025, showing net assets of £11k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 19% on the prior period (£9,105).

- Status: Active
- Incorporated: 2017-01-23
- Registered office: Barnet, EN5 3EE
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-02-06
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 2,463 comparable companies in Greater London (median £2,488, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | £11k | — | — | £2,750 | — | — | 2 |
| 2024-01-31 | £9,105 | — | — | £2,285 | — | — | 2 |

current ratio 0.9; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £10,875 at 31 January 2025
- Net assets up 10% or more on the prior period: +19.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.9
- Incorporated five or more years ago: Incorporated 23 January 2017

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Mohammed Usman Mujadidi — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2017-01-23

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/10576402
HTML: https://firmoscan.com/company/10576402-elegance-motors-ltd