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Davies Logistics Limited

04412534

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

DAVIES LOGISTICS LTD CHILCOTT AVENUE, BRIDGEND, CF32 9RQ
Incorporated 09/04/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Islwyn Mark Davies

director · Since 09/04/2002

MANAGER

BRITISH · WALES · Age 52

Also on 8 other boards

Mr Islwyn Mark Davies

secretary · Since 12/11/2019

Also on 8 other boards

Charges1 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 30/01/2015Registered 03/02/2015Satisfied 05/01/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 26/11/2014Registered 30/11/2014

CompanyRankvs 23901+ SIC 49410 peers
36

Financial strength0th percentile among SIC peers · 0/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.03× · 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 strength0/25 pts

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

Employees14/15 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 30/04/2022

Net Worth

-£500k

Balance sheet strength

Cash

£664

Cash in the bank

Net Current Assets

-£533k

Working capital

Current Assets

£15k

Current Liabilities

£548k

Fixed Assets

£65k

Debtors

£12k

5avg. employees-2

Tax at Year End

VAT£150k

Balance Sheet

Bank loans & overdrafts£32k
Assets less current liabilities-£468k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20220.03-£275k£3.0M
20210.14£3.2M

Derived from filed accounts. Not audited figures.