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Westbay Distribution Limited

02866778

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

WESTBAY HOUSE, COLNBROOK, SL3 0AP
Incorporated 28/10/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Rakesh Bodasing

secretary · Since 03/10/2003

British

Rakesh Bodasing

director · Since 22/02/2008

British

Parminder Singh Heer

director · Since 22/06/2004

British

Vikash Maharaj

director · Since 03/10/2003

British

Former

Gillian Bassil

secretary · Resigned 31/08/1998

Colette Hempstead

secretary · Resigned 03/10/2003

Same-Day Company Services Limited

corporate nominee secretary · Resigned 28/10/1993

Gillian Bassil

director · Resigned 01/02/1998

Mark Andrew Bassil

director · Resigned 31/08/1998

David Williams

director · Resigned 03/10/2003

Wildman & Battell Limited

corporate nominee director · Resigned 28/10/1993

CompanyRankvs 5670+ SIC 49410 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.51× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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

£1.1M

Balance sheet strength

Cash

£846k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£422k

Fixed Assets

£7k

Debtors

£636k

Profit After Tax

£183k

10avg. employees+1

Tax at Year End

Dividends paid£235k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.51+£185k
20213.61

Derived from filed accounts. Not audited figures.