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Ital Logistics Limited

04050576

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 1 BIRCH BUSINESS PARK, HEYWOOD, OL10 2SX
Incorporated 10/08/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Philip David Denton

director · Since 10/08/2000

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 4 other boards

Mrs Dianne Denton-Morley

director · Since 18/05/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr James Robert Mears

director · Since 28/09/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Mrs Ashleigh Elizabeth Morris

director · Since 28/09/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 2 other boards

Mr Kurtis Rees

director · Since 28/09/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Mr Michael Robert Whitney

director · Since 28/09/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Mr Dean Emsley

director · Since 28/09/2022

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Mr Derek Colin Heap

director · Since 03/11/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Ital Holdings (Uk) Ltd

75–100% shares
75–100% votes

Unit 1, Birch Business Park, Whittle Lane, Heywood, OL10 2SX

Reg: 09654644 · Companies House · Ltd Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

PHILIP DAVID DENTON AND DIANNE DENTON-MORLEY

Created 28/09/2022Registered 04/10/2022
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 17/08/2015Registered 01/09/2015
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/09/2014Registered 08/09/2014

CompanyRankvs 5076+ SIC 49410 peers
55

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 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

Outstanding charges: -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 going concern are d

Key FinancialsYear ending 31/12/2020

Turnover

£14.1M

Annual revenue

Net Worth

£525k

Balance sheet strength

Cash

£95k

Cash in the bank

Profit Before Tax

£150k

Bottom line earnings

Net Current Assets

-£21k

Working capital

Current Assets

£3.6M

Current Liabilities

£3.6M

Fixed Assets

£573k

Debtors

£3.5M

Cost of Sales

£11.9M

Gross Profit

£2.2M

Admin Expenses

£2.2M

Operating Profit

£168k

Profit After Tax

£142k

33avg. employees-1

Tax at Year End

Corp tax£17k
Dividends paid£36k

Balance Sheet

Intangible assets£369k
Assets less current liabilities£552k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20200.99+£106k
20190.94

Derived from filed accounts. Not audited figures.