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.
View Full Analysis Report →- Legal registered address
- Garage 31, Bluevale Street, Glasgow United Kingdom G31 1QQ Copied!
Latest financial results as of 18 September 2025- Cash in bank
- £5.10k
- Current assets
- £5.10k
- Current creditors
- £5.18k
- Shareholders funds
- £-284
View full financial accounts- Cash in bank
- £5.10k
- Current assets
- £5.10k
- Current creditors
- £5.18k
- Shareholders funds
- £-284
- Company number
- SC717223 Copied!
Accounts
Latest annual accounts were to 31 December 2023
Next annual accounts are due by 30 September 2025
Company financial year end is on 31 December 2025
Confirmation statement
Latest confirmation statement statement dated 8 December 2024
Next statement due by 22 December 2025
Nature of business (SIC)
45200 - Maintenance and repair of motor vehicles
Latest company documents
| 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 |
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