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Mach 1 Couriers Limited

01786175

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 5, WARWICK, CV34 6RR
Incorporated 26/01/1984

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

52243
Cargo handling for land transport activities
53202
Unlicensed carriers

Officers

Justin Neil Clarke

secretary · Since 22/02/2023

David Laurence Adams

director · Since 22/02/2023

British

Adnan Khalil

director · Since 29/01/2024

British

Jonathan Stockton

director · Since 29/01/2024

British

Former

Julia Maria Guerin

secretary · Resigned 29/06/2021

John Peter Maddox

secretary · Resigned 22/02/2023

Jeremy Miles Allan Thompson

secretary · Resigned 07/11/2019

Stuart Lee Godman

director · Resigned 30/06/2023

Chad Gomez

director · Resigned 23/04/2021

Gordon Mackenzie Husbands

director · Resigned 22/02/2023

George William Pennock

director · Resigned 22/02/2023

John Tarquin Tan

director · Resigned 22/02/2023

Jennifer Mary Thompson

director · Resigned 26/01/2015

Jeremy Miles Allan Thompson

director · Resigned 22/02/2023

Gary James West

director · Resigned 29/01/2024

David Michael Williams

director · Resigned 29/01/2024

CompanyRankvs 670+ SIC 52243 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Going concern doubt: -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

£382k

Balance sheet strength

Cash

£3.1M

Cash in the bank

Profit Before Tax

£713k

Bottom line earnings

Net Current Assets

£72k

Working capital

Current Assets

£4.7M

Current Liabilities

£4.6M

Fixed Assets

-£464k

Debtors

£1.6M

Admin Expenses

£3.0M

Profit After Tax

£523k

50avg. employees-13

Tax at Year End

Corp tax£35k

People Costs

Wages & salaries£1.7M

Balance Sheet

Intangible assets£0
Assets less current liabilities£454k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.02+£523k
20232.72-£145k
20221.21

Derived from filed accounts. Not audited figures.