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Front Runner Logistics Limited

03919782

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

2 LAKE END COURT, MAIDENHEAD, SL6 0JQ
Incorporated 04/02/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53201
Licensed carriers

Officers

Julie Stevens

secretary · Since 23/07/2009

Other

Christopher Raymond Mccormack

director · Since 29/10/2015

British

Connor Peter Mccormack

director · Since 01/04/2025

British

Joel Mccormack

director · Since 01/04/2013

British

William Joseph Mccormack

director · Since 09/06/2017

British

Former

Sean Noel Christopher Mccormack

secretary · Resigned 23/07/2009

Temple Secretaries Limited

corporate nominee secretary · Resigned 04/02/2000

Sean Noel Christopher Mccormack

director · Resigned 28/02/2025

Sean Noel Christopher Mccormack

director · Resigned 02/09/2013

Paul Joseph Molloy

director · Resigned 06/07/2009

Gerald O'Rourke

director · Resigned 29/10/2015

Company Directors Limited

corporate nominee director · Resigned 04/02/2000

CompanyRankvs 6420+ SIC 53201 peers
61

Financial strength99th percentile among SIC peers · 25/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees10/15 pts

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

Liquidity6/20 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

Going concern doubt: -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

Key FinancialsYear ending 28/02/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£548k

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

-£850k

Working capital

Current Assets

£3.3M

Current Liabilities

£4.2M

Fixed Assets

£3.9M

Debtors

£2.8M

Cost of Sales

£13.2M

Admin Expenses

£2.8M

Profit After Tax

£959k

2avg. employees-169

Tax at Year End

Corp tax£103k
Dividends paid£1.8M

People Costs

Wages & salaries£6.4M

Balance Sheet

Assets less current liabilities£3.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80-£869k
20241.08-£498k
20231.46

Derived from filed accounts. Not audited figures.