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City Transit (Newcastle) Limited

02102226

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

SEGEDUNUM DOMUS, NEWCASTLE UPON TYNE, NE6 4NH
Incorporated 20/02/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Jon Hind

secretary · Since 18/04/2006

British

Philip Hind

director · Since 02/11/2007

British

Former

Glynis Russell

secretary · Resigned 10/04/2006

Dianne Melanie Carr

director · Resigned 02/11/2007

Philip Hind

director · Resigned 01/07/1995

Glynis Russell

director · Resigned 01/07/1995

CompanyRankvs 44870+ SIC 49320 peers
59

Financial strength29th percentile among SIC peers · 7/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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4487City Transit (Newcastle) Limited
59
How is this score calculated?
Financial strength7/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£2

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£51k

Current Liabilities

£12k

Fixed Assets

£0

Debtors

£5k

0avg. employees

Balance Sheet

Intangible assets£0
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20244.46

Derived from filed accounts. Not audited figures.