South Staffordshire Freight Services Limited
02139958
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/07/2015
SECRETARY
BRITISH · UNITED KINGDOM · Age 61
Also on 3 other boards
director · Since 01/04/2023
DIRECTOR
BRITISH · ENGLAND · Age 32
Also on 1 other board
Persons with Significant Control
South Staffs Freight Limited
Lynn Lane, Shenstone, Lichfield, WS14 0ED
Reg: 14636079 · England And Wales · Limited Company
Notified 01/04/2023
Former PSCs
Mrs Irene Winifred Whorton
Ceased 01/04/2023
Charges0 outstanding
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CompanyRankvs 118155+ SIC 68209 peers53
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
-£2k
Balance sheet strength
Cash
£23k
Cash in the bank
Net Current Assets
-£696
Working capital
Current Assets
£26k
Current Liabilities
£27k
Fixed Assets
£4k
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.97 | -£5k |
| 2024 | 2.06 | -£580k |
| 2023 | 48.01 | -£14k |
| 2022 | 3.28 | +£13k |
| 2021 | 4.10 | — |
| 2020 | 3.41 | — |
| 2019 | 3.48 | — |
Derived from filed accounts. Not audited figures.