Freight Transport Limited
02286068
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/04/2025
medium
Next accounts due
31/01/2027
Confirmation statement
Last: 23/05/2025
Due 06/06/2026
Industry
Officers
director · Since 23/10/2018
LOGISTICS SUPERVISOR
BRITISH · UNITED KINGDOM · Age 37
Also on 2 other boards
director · Since 23/10/2018
COMPANY SECRETARY
BRITISH · UNITED KINGDOM · Age 33
Also on 3 other boards
Persons with Significant Control
Freight Transport (Holdings) Ltd
Unit C3-C5 Railway Triangle Industrial Estate, Walton Road, Portsmouth, PO6 1TW
Reg: 12239114 · Companies House · Limited By Shares
Notified 11/10/2019
Former PSCs
Mr Michael Lyndon Battye
Ceased 11/10/2019
Charges2 outstanding
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CompanyRankvs 4460+ SIC 49410 peers56
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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
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 30/04/2025
Turnover
£12.9M
Annual revenue
Net Worth
£1.3M
Balance sheet strength
Cash
£1.4M
Cash in the bank
Profit Before Tax
£838k
Bottom line earnings
Net Current Assets
-£769k
Working capital
Current Assets
£4.1M
Current Liabilities
£4.9M
Fixed Assets
£2.8M
Debtors
£2.8M
Cost of Sales
£8.4M
Gross Profit
£4.5M
Admin Expenses
£3.7M
Operating Profit
£841k
Profit After Tax
£652k
Tax at Year End
Director Loans(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.84 | -£388k |
| 2024 | 0.92 | +£33k |
| 2023 | 0.99 | — |
Derived from filed accounts. Not audited figures.