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Trax Express Systems Ltd

03155720

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

248 MACKADOWN LANE, BIRMINGHAM, B33 0LE
Incorporated 06/02/1996

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

53202
Unlicensed carriers

Officers

Mr David John Critchlow

director · Since 19/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 12 other boards

Mr Samuel Owen Eyles

director · Since 19/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 9 other boards

Persons with Significant Control

Trax Express Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

9, Holford Way, Holford, B6 7AX

Reg: 10864403 · Companies House · Private Limited Company

Notified 20/12/2017

Former PSCs

Mrs Eileen Rollins

Ceased 20/12/2017

Mr Graham Ernest Rollins

Ceased 20/12/2017

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 15/11/2024Registered 21/11/2024
Charge
outstanding

LLOYDS BANK PLC

Created 15/11/2024Registered 21/11/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/04/2006Registered 03/05/2006Satisfied 21/12/2017
charge
satisfied

BNY INTERNATIONAL LIMITED

Created 30/06/1999Registered 02/07/1999Satisfied 03/05/2006

CompanyRankvs 15+ SIC 53202 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Deadline Despatch Limited
90
2Bonds Worldwide Express Limited
90
3Flight Logistics Group Limited
90
4Worldwide Express (Uk) Ltd
90
5Mailafrica Limited
90
6Trax Express Systems Ltd
90
7Sma Worldwide Ltd
90
8Professional Response (Sheffield) Limited
90
9Delivery Partners Limited
90
10Tara Roadair Limited
90
How is this score calculated?
Financial strength25/25 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.

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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2022

Net Worth

£2.2M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.8M

Current Liabilities

£870k

Fixed Assets

£379k

Debtors

£1.4M

46avg. employees

Tax at Year End(2021)

Corp tax£149k

Balance Sheet

Assets less current liabilities£2.3M
Signed by Mr Craig Mallabone 31/03/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20223.24+£746k
20211.88-£529k
20205.10-£675k
20192.85—

Derived from filed accounts. Not audited figures.