YOUSIF MOTORS LTD
Executive Summary
Yousif Motors Ltd shows ongoing financial distress with negative net assets and working capital deficits since incorporation but has made some improvements in reducing net liabilities in 2023. The company’s solvency and liquidity risks remain elevated due to losses and reliance on director loans. Regulatory compliance is satisfactory, but operational sustainability and financial viability require further investigation before considering investment.
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| Date | Description |
|---|---|
| 12/02/2512 February 2025 | Confirmation statement made on 2024-12-08 with no updates |
| 23/09/2423 September 2024 | Total exemption full accounts made up to 2023-12-31 |
| 28/02/2428 February 2024 | Compulsory strike-off action has been discontinued |
| 28/02/2428 February 2024 | Compulsory strike-off action has been discontinued |
| 27/02/2427 February 2024 | First Gazette notice for compulsory strike-off |
| 27/02/2427 February 2024 | First Gazette notice for compulsory strike-off |
| 26/02/2426 February 2024 | Confirmation statement made on 2023-12-08 with no updates |
| 31/12/2331 December 2023 | Annual accounts for year ending 31 Dec 2023 |
| 12/09/2312 September 2023 | Total exemption full accounts made up to 2022-12-31 |
| 06/02/236 February 2023 | Confirmation statement made on 2022-12-08 with no updates |
| 31/12/2231 December 2022 | Annual accounts for year ending 31 Dec 2022 |
| 09/12/219 December 2021 | Incorporation |
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