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Jetrade Limited

03368174

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

ONE BELL LANE, EAST SUSSEX, BN7 1JU
Incorporated 09/05/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46760
Wholesale of other intermediate products

Officers

Mr Michael Paul Foreman

director · Since 09/05/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Persons with Significant Control

Mr Michael Paul Foreman

75–100% shares
75–100% votes

British · England · Age 62

One Bell Lane, East Sussex, BN7 1JU

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

MARKETFINANCE LIMITED

Created 09/11/2021Registered 09/11/2021
charge
outstanding

BARCLAYS BANK PLC

Created 02/02/2001Registered 09/02/2001

CompanyRankvs 1779+ SIC 46760 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/12/2023

Net Worth

-£232k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£603k

Working capital

Current Assets

£153k

Current Liabilities

£756k

Fixed Assets

£386k

Debtors

£108k

3avg. employees-1

Tax at Year End

Corp tax-£197

Balance Sheet

Assets less current liabilities-£217k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.20-£129k
20210.44

Derived from filed accounts. Not audited figures.