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Seaspace International Forwarders Limited

02282890

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

Details

C73 SHELTON BOULEVARD, STOKE ON TRENT, ST1 5GQ
Incorporated 02/08/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52103
52103
52290
Other transportation support activities

Officers

Mark Stuart Bigley

director · Since 19/04/2022

British

Richard George Harris

director · Since 19/04/2022

British

Nicholas Hughes

director · Since 01/11/2008

British

Former

Stuart Russell Smith

secretary · Resigned 19/04/2022

Barry Terence Castle

director · Resigned 22/07/1991

Deborah Fisher

director · Resigned 05/01/2024

Catherine Elizabeth Humphrey

director · Resigned 11/06/2020

Gordon Humphrey

director · Resigned 10/07/2025

Andrew Robin Major

director · Resigned 19/04/2022

Gill Russell Smith

director · Resigned 27/09/2017

Susan Henrietta Russell Smith

director · Resigned 19/04/2022

Michael Russell Smith

director · Resigned 05/08/2021

Stuart Russell Smith

director · Resigned 09/09/2024

Roger Woods

director · Resigned 22/07/1991

CompanyRankvs 4010+ SIC 52103 peers
71

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.41× · 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 going co

Key FinancialsYear ending 31/12/2024

Turnover

£12.1M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£459k

Cash in the bank

Profit Before Tax

£261k

Bottom line earnings

Net Current Assets

£2.1M

Working capital

Current Assets

£7.2M

Current Liabilities

£5.1M

Fixed Assets

£716k

Debtors

£6.7M

Cost of Sales

£7.6M

Gross Profit

£4.4M

Admin Expenses

£4.0M

Operating Profit

£439k

Profit After Tax

£291k

48avg. employees

Tax at Year End

Corp tax£15k
Dividends paid£93k

People Costs

Wages & salaries£1.4M
NI contributions£113k

Balance Sheet

Bank loans & overdrafts£167k
Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.41

Derived from filed accounts. Not audited figures.