British International Freight Association
00391973
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/10/2008
DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 1 other board
director · Since 25/05/2011
DIRECTOR FREIGHT FORWARDING
BRITISH · UNITED KINGDOM · Age 78
director · Since 01/01/2017
MEMBER SERVICES MANAGER
BRITISH · ENGLAND · Age 58
Also on 1 other board
director · Since 01/06/2019
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
director · Since 16/05/2024
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 501+ SIC 94990 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£2.9M
Balance sheet strength
Cash
£692k
Cash in the bank
Profit Before Tax
-£202k
Bottom line earnings
Net Current Assets
£345k
Working capital
Current Assets
£976k
Current Liabilities
£632k
Fixed Assets
£2.6M
Debtors
£284k
Cost of Sales
£571k
Admin Expenses
£2.4M
Profit After Tax
-£197k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.55 | -£197k |
| 2023 | 2.73 | — |
Derived from filed accounts. Not audited figures.