Mach 1 Couriers Limited
01786175
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 23/04/2026
Due 07/05/2027
Industry
Officers
secretary · Since 22/02/2023
director · Since 22/02/2023
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 13 other boards
director · Since 29/01/2024
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 14 other boards
director · Since 29/01/2024
CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 54
Also on 16 other boards
Persons with Significant Control
Citysprint (Uk) Limited
Redcentral, 60 High Street, Redhill, RH1 1SH
Reg: 4327611 · England · Limited Company
Notified 22/02/2023
Former PSCs
G Thompson Limited
Ceased 27/08/2019
Allandale Investments Limited
Ceased 22/02/2023
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 43+ SIC 52243 peers71
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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
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
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.02 | +£523k |
| 2023 | 2.72 | -£145k |
| 2022 | 1.21 | +£0 |
| 2021 | 1.77 | -£10 |
| 2020 | 1.56 | +£35 |
| 2019 | 1.73 | — |
Derived from filed accounts. Not audited figures.