Circle Express Limited
02265791
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/09/2023
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 6 other boards
Persons with Significant Control
Mr Sanjive Sharma
British · England · Age 60
Circle Express Unit 1, Polar Park, Bath Road, West Drayton, UB7 0EX
Notified 19/10/2023
Former PSCs
Rico Logistics Limited
Ceased 29/09/2023
Oneworld Mobility Limited
Ceased 20/02/2025
Charges1 outstanding
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CompanyRankvs 335750+ SIC 49410 peers31
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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
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to Note 2 in the financial statements, which states that the Directors are satisfied that the Company has the resource to continue in business for the foreseeable futur
Key FinancialsYear ending 30/09/2024
Turnover
£34.7M
Annual revenue
Net Worth
-£2.6M
Balance sheet strength
Cash
£101k
Cash in the bank
Profit Before Tax
£9.4M
Bottom line earnings
Net Current Assets
-£695k
Working capital
Current Assets
£6.8M
Current Liabilities
£7.5M
Fixed Assets
£394k
Debtors
£6.7M
Cost of Sales
£29.5M
Gross Profit
£5.1M
Admin Expenses
£12.9M
Operating Profit
-£7.7M
Profit After Tax
£9.4M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.91 |
Derived from filed accounts. Not audited figures.