Saxon Logistics Limited
04190764
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/11/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 78 other boards
director · Since 10/10/2025
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 11 other boards
director · Since 16/04/2026
BRITISH · UNITED KINGDOM · Age 30
Also on 25 other boards
Persons with Significant Control
Mr Gary Hilton Sacks
British · United Kingdom · Age 61
Aldenham Wood Lodge, Corner Of Butterfly Lane & Watling Street, Borehamwood, WD6 3AA
Notified 06/04/2016
Charges2 outstanding
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CompanyRankvs 11670+ SIC 51102 peers19
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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
, the auditors emphasised the following matter without qualifying their report: ∙ The existence of a material uncertainty which may cast significant doubt about the Company’s ability to continue as a going concern and note 2.5 of the financial statements which explained the sole director's basis in light of this uncertainty for continuing to adopt the going concern basis in preparing the Company's
Key FinancialsYear ending 30/06/2024
Net Worth
-£14.0M
Balance sheet strength
Cash
£20k
Cash in the bank
Net Current Assets
-£14.8M
Working capital
Current Assets
£1.5M
Current Liabilities
£16.3M
Fixed Assets
£975k
Debtors
£1.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.09 | -£567k |
| 2023 | 0.08 | -£618k |
| 2022 | 0.07 | -£1.3M |
| 2021 | 0.20 | -£5.7M |
| 2020 | 0.57 | -£618k |
| 2019 | 0.57 | — |
Derived from filed accounts. Not audited figures.