Emmex Freight Services Ltd.
03424463
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/11/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 2 other boards
Persons with Significant Control
R. Thornton & Co. Ltd.
Linton Colliery, Linton Colliery, Morpeth, NE61 5SD
Reg: 02745517 · Companies House · Company Limited By Shares
Notified 09/11/2022
Former PSCs
Mrs Sandra Hare
Ceased 09/11/2022
Mr Raymond Malcolm Hare
Ceased 09/11/2022
Charges1 outstanding
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
BARCLAYS BANK PLC
CLOSE ASSET FINANCE LIMITED
CompanyRankvs 8220+ SIC 49410 peers50
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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
requirements); then the Directors have concluded that these circumstances in aggregate represent a material uncertainty that may cast significant doubt upon the Company's ability to continue as a going concern and that, therefore, the Company may be unable to realise its assets and discharge its liabilities in the normal course of business. As noted above the Group is confident that exchange o
Key FinancialsYear ending 31/05/2024
Net Worth
£25k
Balance sheet strength
Cash
£72k
Cash in the bank
Net Current Assets
-£62k
Working capital
Current Assets
£989k
Current Liabilities
£1.1M
Fixed Assets
£1.0M
Debtors
£895k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.94 | -£163k |
| 2023 | 1.54 | +£21k |
| 2021 | 1.00 | +£37k |
| 2020 | 0.93 | +£52k |
| 2019 | 0.71 | +£8k |
| 2018 | 0.81 | — |
Derived from filed accounts. Not audited figures.